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Updated over 8 years ago,
Amount of reserves needed when buying your first rental property?
Hello All, I will be in a very good spot to being building my buy and hold strategy in the next few months and I am curious as to what everyone sees as the appropriate amount to have in reserves when buying your first property. Lets say its a 100K B class property for sake of conversation.
Also, how about the reserves on a B class 4 plex?