Did the POA confirm the interest rate, loan amount?

NOI Underwriting Methodology: NRI and EGI, real estate taxes, operating expense underwriting rules of thumb, replacement reserves, appraiser’s impact on lender underwriting, expense comps, etc.10. 

Have a robust cash reserve to handle unexpected vacancies, repairs, or market shifts.Good luck, and I’m excited to hear how your journey progresses!

I will confirm with my lawyer and accountant when it comes time, but I thought I should hear what other investors suggest.  

Verifying the use of the money and confirming in writing that it’s for a business purpose are integral parts of any private loan.

Income reserves in excess of 6 months living expenses, no consumer debts, leveraged mortgages with no payment coming out of pocket.

I called Zinus a few years ago to confirm since model numbers matched the Zinus on Amazon.

Do not think you can just start an investment company with 15k (that is reserves only on one property).Work for the next couple of years while you all learn and use your skills to help build the foundation of a future company and leverage your relationship with the alumni to see some of his properties and learn.

Right up till they went under and confirmed what I was beginning to suspect, that I would never see that money again.  

To clarify - For me reserve just means liquid investments.