It may go for auction several times until their reserve is meet.If someone other then the bank is the high bidder at the foreclosure auction then they own it.

I’m out of the vents are higher on the property, are you plan on keeping reserve for capital expenditures.

However its expensive and you will need cash reserves.

What savings, reserves, or other resources are available to the applicant in case of a financial setback.2018 © Liberty House Lofts Association, Inc. 2301 1st Ave N, Birmingham, AL 35203Rules & Regulations 1012.

If I enlist in either the reserves/guard then after 6 years, I will have VA eligibility and could qualify for a mortgage without a down payment.

There are usually some REO's here and there that would have been great, but they typically are reserved for owner occupants for so many weeks, at which point they get snagged up well before then. 

Many investors' strategies of buying in good locations, adding value, having cash flow, using prudent debt, and maintaining reserves is a lot easier than following these trends full time and trying to time the market.

Thanks all,Yes I had been putting some $ into a reserve account, but I got overconfident when everything was going fine--I didn't expect to have several thousand dollar repairs at multiple properties in the same month.

I do have a descent amount of financial reserves, so thats the reason I was considering doing the conventional put 25% down and rent out the units, but again, I am not too knowledgable of the RE investing world.

Spend 5k of that with some smart hustle and build a cash reserve to support your buy and hold investing.