Caleb Bryant
My HML stopped approving construction draws (A frozen BRRRR!)
2 June 2020 | 12 replies
Fortunately, I had enough capital to cover the difference, but this almost entirely wiped out my cash reserves dedicated to this project.
James D'Amico
Goodbye CT, Hello Tennessee... Starting out advice
26 August 2022 | 9 replies
Then, move down with plenty in reserve, find a job and have a home/investment property already in place.
Tyler French
First Swing at Mid-Size Multifamily - Best down payment strategy?
11 August 2022 | 6 replies
I have about 70k cash (not including reserves for properties), and probably about 120-140k in obtainable equity in the current buildings.
Josh Harper
Looking to purchase 10 homes in the next 10 years.
2 September 2022 | 26 replies
You can still reserve some of the units for STR if you would like or rent them all as LT.
Marc-Antony F.
Looking for a good portfolio lender
3 January 2023 | 15 replies
The lender wanted almost 2 years of reserves for a cash out refinance which is crazy.
Ryan Davis
Off-Market Deals In NYC?
19 September 2022 | 9 replies
Look for multifamily, because condos, like co-ops, usually impose a "flip tax" (not really a tax per se; it goes to the building reserves).
Wayne B.
ROOKIE WITH $65K SEEKS ADVICE
27 October 2022 | 25 replies
But, its good to know that you have the credit score and reserves to qualify for the conventional loan.
Scott Hall
Western NC Short Term Rental
4 September 2021 | 15 replies
Lots of our bookings come in with a 2 to 3 week lead time, nearly every weekend booked, 3 day weekends are our bread and butter reservation.
Stephen Jackson
Is 100% LTV possible?
24 June 2020 | 2 replies
From a business perspective, I wont take profit from the property until I have a minimum of 6 months in cash reserves.
Brittney WIlliams
Denied financing due to being a Small business owner, no AirBNB
26 June 2020 | 6 replies
With perfect credit, 6 figure cash reserves, and a 6 figure self employed income that wasn't affected by Covid, we were just denied refinancing on our investment properties.