BRRR | How much reserves you need?

[Krystof Pilisiewicz]

Hi, I am in the middle of working on finances for a purchase of a multifamily house in Queens, NY. I`m planning to move out from my current place and move to the new house. I was speaking with my bank and they told me that I need 2 reserves (6 months each) for the new house and the current house. This doesn't sound right to me, since why I need to have reserves for a house that I`m already living in. I thought I need reserves just for the new house. I wonder if this is a standard requirement when comes to BRRR.

Thanks, guys!