@Josh Weber if you don't plan to make the place your primary home, it impacts your down payment; as an investment property you'll need 20-25% as a down payment.

We have still not seen the dust settle on the corona-virus impact on the economy.  

Many wont pre-qualify you because as mentioned above, it is asset based - but your personal strength as a borrower will impact your exit strategy (if you are going to refi or something like that to get out of the loan). 

The market will ultimately tell you what you can attract and your track record as a sponsor will impact this to a very large degree. 

As a value-add syndicator, we've all had to face some very tough decisions with the impact of COVID.

My personal belief is that August and September are the months where we will see the real impact of the economy shutting down.

Hi ya'll
What are your opinions or has anyone had some experience with Loan forbearance?
Has anyone tried getting a loan modification at the end of their forbearance period?  What do you think the options will be? L...

I sold some real estate this year, per my CPAs advise, and I am trying to mitigate the tax impact.

The financial crisis had a significant impact on young adult homeownership, with a large share of millennials opting to move back home to regain their economic footing.8 Millennials of color were disproportionately affected by the housing bubble and bursting, which damaged their creditworthiness and made it more difficult to obtain a mortgage."

State and local governments must continue to find ways to help residents financially impacted by COVID-19 keep a roof over their heads.Click here to have a letter of opposition sent automatically to your Assemblymember and State Senator:VoterVoice https://caanet.org/votervoice/ https://caanet.org/votervoice/?