https://www.hud.gov/topics/hou...if it doesn't cover your PITI and maintance-repairs-reserve and management etc.... need to keep looking. 

Now fast forward 4 years, those properties 7x'd my net worth, my net rental income is 85% *before reserves* of my W-2 take-home pay.

@Stefanie Willie-Bonglo  well if they don't report to the fico folks... and they are offering Unsecured loans.. to folks just starting out with minimal assets and cash reserves ( not suggesting that's you or your family) ..

Do you have reserves to handle un-for-seens during the year of at least $5,000?

If you have the cash reserves and/or high income to absorb such a loss, you're ready to go. 

Felipe just remember you get PAID when you CLOSE.When you are in the profession for awhile you learn how to work smart  and not lose money or time working on properties that will not sell at the listed prices.It would be a disservice to be a part-time listing agent.Instead save up 6 months worth of living reserves and start up capital for your business to go full time.

Hi AllI picked up an investment condo a couple years ago in the western suburbs of Chicago and would like to tap some of my equity for reserves via a HELOC.I have only found one option which is Wells Fargo.

All are under 4%.My business is also based on commissions from vacation rental reservations that I take for properties I do not own.

Borrower must have cash reserves of 12 months (total the bills on credit report).

Advise…You have no money saved for reserves/capex?!