COVID19 and Property Owners cash flow strategies...
Which option idea should you use? It depends. The wrong option could be like “Catching A falling knife”, the right option could be a major recovery.
Option 1- Make all mortgage payments.
Option 2- Refinance mortgage and get additional reserve cash.
Option 3- Ask your lender for a short term forbearance.
Option 4- Negotiate with your lender for long term loan modification with payment moratorium.
Option 5- Do nothing.
Contact us for more information!