Jay Thomas
How to finance this deal
23 March 2017 | 1 reply
Asking price is $85kThe downside to this deal is that the HOA doesnt have enough money in reserve and my bank is telling me that they need to have atleast 10% in reserve before they can finance the deal.
Eric Bilderback
Financing a HUD contracted apartment
30 December 2017 | 1 reply
Depending on HUD rents compared to market rents the bank may require some special reserves in the event that the HUD contract isn't renewed.
Chad Carroll
Fillmore LTR Property - All you need is Time!
14 December 2022 | 0 replies
Home is paid off now and is my CashFlow Reserve for other Properties.
Donta Busch
Question about my first possible deal
8 January 2016 | 7 replies
Do you have money in reserve in case you need to do repairs?
John Medeiros
flip and purchasing rental properties without a having a job .
20 January 2016 | 2 replies
You could use your equity/cash reserves to acquire properties "subject to" .
John Chin
Due-On-Sale clause of Subject-To deals???
12 October 2016 | 5 replies
Have reserves and the ability to finance if needed.
Eric Hernandez
How much should I save for my first rental property?
5 November 2016 | 9 replies
I'm sure what FHA will ask you to have in reserve but for your first investment property you want to make you have a safety net.
Marques Johnson
Lease option contracts
16 January 2017 | 8 replies
Hi Marques:Sandwich LOs are not without risk; you usually need cash reserves, say 3 months of rent and cleanup for new tenant.You want a lease and option or a lease purchase with sellers on one document, and record that document.
Samantha Klein
Two weeks in & already problems
19 May 2017 | 33 replies
Compassion is reserved for social workers.
Vickiel Woodard
Scared: I bought three distressed houses with no money for rehab.
9 January 2018 | 41 replies
It sounds like you have leveraged yourself beyond your comfort level with no reserve.