Question about reserves!

[Joe Einbinder]

Hi all,

So my question is regarding reserves. I'm about to buy my first deal using a HELOC. I also have $20k in reserves. I'm wondering if most people leave those reserves in a basic checking account or move it to say a vanguard account so it can gain some interest? I'm pretty sure most would say leave in the checking for quick easy access in case of emergency but wanted to see what the BP community has to say on this! Many thanks!

- Joe