1. The coronavirus pandemic has plummeted to the US economy. - This is especially true for real estate
- The US economy before the coronavirus pandemic was stronger than before
- House values are rising from year to year
- Many lenders have created and implemented alternative mortgage programs
- Special loan programs have been created for real estate investors for the first time since the funding required in 2008
- The housing market not only prospered, but many investors began to invest in real estate
- Many investors started buying investment properties for the first time since the fall of the housing market in 2008
- Real estate investors enjoy total recognition, easy financing, and a strong rental market
- Many lenders have launched non-QM loans for real estate investors
- Loans from bank statements, comprehensive services, and other mortgage program offers were launched
- Countless other loan programs have helped the rapidly growing investment market for real estate investors
- Then a coronavirus approved pandemic hit the US
- The US economy refueled because of a pandemic
- Over 22 million Americans have reported unemployment in the last three weeks
- Many Americans assess the economic impact that we could not pay the mortgage and/or rent
- Because a large percentage of tenants are unable to pay rents, transactions are now for real estate investors
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