Buyers vs. Sellers ; Corona-virus stalemate?

[Tyler Uliss]

With tons of Hard Money lenders holding off on loans for the foreseeable future, this leaves a significant amount of cash buyers left in the market. It seems most people that do use HM on their deals, even if their lender is still active, want to hold off for the reason of economic uncertainty.

~60% of the market uses HM, surfacing ~40% of cash heavy investors. With that remaining ~40%, only about half of those are continuing to go after real estate investment properties with corona-virus circulating. Seeing the remaining ~20% being cash heavy, they hold leverage in the buyers market, and seem to be expecting "slam-dunk deals". On the sellers side, trends are showing, sellers are not willing to sell their properties for 50k-100k less just because of this virus. Sellers also don't want to shop around for new houses, when they're being ordered by state officials to shelter-in-place. There seems to be a bit of a stalemate here.

Are you seeing these same trends? What difficulties are you facing when buying or selling investment properties? What are you doing to take advantage of the market?

Let's connect! Share some ideas and experiences that you may be going through in the comments below