My main Partner is Chase because gives the biggest limits great when it comes to building a relationship and getting BLOCs and other things also would recommend local credit unions biggest thing you always need to figure is the banks Cap of what they are willing to lend until they need everything Chase for example is 150k Citizen Bank if in area a great one for Blocs only require bank statements to calculate how much you can qualify for.

These requirements are solid, keep them: Application: Everyone aged 18 or older must complete an application.

The last few years have been great for investors/homebuyers who bought pre-con, but looking back to the few years after the 2014/15 boom, this wasn't the case, where many had actually committed to buying a property that wasn't quite worth what they signed up for closer to closing because the appraisal weren't matching the contract price, requiring a cash top-up.

I loved not having to deal with lenders and all their requirements.

I suspect it's an old line that failed and required replacement.

I was told the reserves are a requirement of the REIT loan that we have.

Generating 11k per month - what amount of capital is that requiring - you mentioned 7 paid off houses.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

The practical reality is wanting to get started in passive investing with lower dollar amount minimum requirements.

Or is he requiring a down payment?