Some people don't have financial situation, nor have the bookkeeping to track or maintain it.Again, I personally find it very stressful just thinking about living that way for the life of the loan keeping the lowest daily balance possible. 

If you want me to give you a quote, I'd need to know the address, 1st lien details (type of loan, balance, interest rate), credit score, income/DTI details, and target LTV (can go up to 80% CLTV on the 4plex). 

This reserve amount represents roughly 2–3 years of projected repair costs, which might be a conservative approach, but it gives us a buffer for unexpected, high cost repairs when they pop up.With a larger portfolio, the reserve pool wouldn’t need to grow proportionally, as funds and repairs can be balanced across properties, allowing costs to offset each other over time.

Then after they take their fees, and any repair costs for the month, I get direct deposits to my account of the remaining balance.

We also have a HELOC with a balance from repairs and an 8% interest only rate.- Currently have around 15% LTV - so 85% equity. - The payments are now 60-90%, principal, which is great, except for tax reporting purposes in 2023 showing a profit.- 2024 almost much every possible repair imaginable was needed among the units, so the headaches and costs were compounded - now the properties are buttoned up for the most part and we'll probably show a loss for 2024 taxes.- We don't cash flow at all because we were bullish on the BRRRRs and also did some flip rehabs using some of that equity and pocketed it years ago. 

This typically comes into play with big banks (Chase, etc) who are buying the loans to place them on their balance sheet.

This means there are no checks and balances to ensure all transactions are entered correctly.

The balance of his home mortgage is  $550k with 6.5% APR.

This helped me get the max LTV on a high balance loan. 

They are unable to give you a balance or ledger report when there are repairs on properties.