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Updated almost 2 years ago,

User Stats

201
Posts
37
Votes
Ellie Narie
  • Investor
  • Ashland, OR
37
Votes |
201
Posts

How much in reserves would I need if I want to buy 20 houses at once with mortgages?

Ellie Narie
  • Investor
  • Ashland, OR
Posted

I'm wanting to 1031 exchange my one property into 20 different houses in a low cost state. If each house costs around 80k and I get a mortgage for 80%, how much would I need to have in reserves? How much would you recommend? 

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