85SugarVol
I prefer the tumult of Liberty
- Joined
- Jan 17, 2010
- Messages
- 35,573
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Tough spot to be in. That sucks, feel for you.I am in this boat. I have rental. I have a commercial loan which is backed by the 5 properties. My bank is allowing me to move to interest only payments for up to 3 months. If this goes beyond, I do not know what we or my tenants will do. Thankfully not all of them are out of work due to this thing.
My own personal belief on why it is best to pay cash for rentals.... times like this...