Ernest Queen
Just Starting Out would like advice.... please
6 December 2022 | 11 replies
As Eliott said, be sure to hold onto some of the 100k for reserves and other misc/ costs.
Sean Bramble
Dealbreaker? 4WD requirement for steep gravel road/ driveway
5 December 2022 | 15 replies
It slows down the reservations, but not much.
Tyler Last
Heloc on primary denied because rental has month to month tenants
1 December 2022 | 2 replies
What do your reserves look like?
Garrett Nuzzo
Saving for down payment
20 December 2022 | 13 replies
@Garrett Nuzzo I did both of my down payments as cash reserves.
Yolanda Kellum
Financing options for 2nd multi family purchase
23 December 2022 | 4 replies
Do you have reserves?
Sally Pearson
What to do when...you've succumbed to "Analysis Paralysis"?
20 December 2022 | 17 replies
@Sally Pearson1. do you have funds for a down payment + reserves for an investment property?
Jacob Hornak
Assistance to fund down payment?
5 December 2022 | 2 replies
With $20,000 you would have enough to buy the property and have a small reserve to get started.If you don't have $20,000 then figure out how to get it.
Andrew Chapman
100% equity, but no cash for rehab.
10 December 2022 | 5 replies
Other lenders will likely require an interest reserves fund while you complete the rehab, especially since it's your first BRRR investment and you have no income.
Stephen Taylor
looking to sell or to keep
5 December 2022 | 9 replies
You're one AC unit or furnace away from zero cash flow for an entire year if you're not setting aside reserves.
Gabe Goudreau
Planning For Unseen Expenses When Investing In Rental Properties
1 December 2022 | 13 replies
Tree removal was 4k.when you buy a property, set aside cash as reserves.