I keep most of my liquid reserves in the stock market.

It has been continued confirmation that while the numbers can make sense and I can break the 2% rule, there would have to be a LOT of work to continue to meet and exceed the levels of expectations on any property that I like owning.

I have found that most non-recourse lenders that lend in Ohio only lend a minimum of $50k, require 40% down and 15% of the purchase price in cash reserves (if anybody knows of a better lender please let me know). 

Just make sure you've got the infrastructure and reserves in place to take on another property!

As far as cash on hand for closing costs and reserves, nobody at the lending company I'm using can tell me what exactly I'll need until much closer. 

Secondly, I really would just like to build up decent cash reserves before stepping into some buy and holds.

Go for an owner occupied financing deal first, but only after building up enough cash reserves to sustain both propertiesDoes that sound about right?

I am looking to buy, flip, and sell and eventually sprinkle in some buy, flip and hold when the cash reserves are healthy. 

It will just ask for your first name and an email address then you will get a coupon on your phone and an email confirmation telling you more about the speaker John mccants. just show either one when you come to the event.

Then when that tenant left, I had to paint and do I few minor things for the next tenant, but that all came out of reserves too.