The Fed is trying to add liquidity to an extremely fragile credit market.See article:http://finance.yahoo.com/banking-budgeting/article/104605/Fed-Pumps-More-Money-Into-Financial-MarketsMost people think that the Federal Reserve's primary role is to set interest rates.

If money is tight now and you use most of your cash reserves, you will have no room of errors and risk being in a bad spot.Considering electricians make pretty good money, here's what I would do.

INSPECTION: The Landlord/Seller reserves the right, from time to time, to inspect the quality workmanship the Tenant/Buyer is doing.7.

Hi Zack,Yes, if not mistaken, that Fannie Mae rule is for single family or 2-4 unit residential properties, although there are probably some small local banks in Everett, Seattle, Tacoma area that are willing to do a refi as long as your reserves and LTV meet their criteria.

Also, because appraisals don't always come in as high as purchase prices, sellers like to see that the buyer would have extra funds to close the gap, if necessary - with enough reserves to qualify for the loan.

Meaning, after setting aside reserves for CapEx and accounting for all expenses and taxes, he has $100k coming in per year.

You've taken the advice of making sure you have some cash reserves to pad yourself.1.

FHA eligibility is not just about owner occupied but also reserves, the board taking out too many loans, % of owners who don't pay condo fees, etc.

Also consider the reserves, you might consider an inter-service transfer if you want to get away from ships, you may be able to go to any service.

It sounds like you don't have any reserves saved up to take care of the roof or any other repairs/maintenance the house needs. 2.