28 May 2018 | 6 replies
However, I could reserve capital for improvements if I take over his mortgage.
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31 May 2018 | 16 replies
How much do you have in reserve at purchase?
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10 June 2018 | 50 replies
They'll want to see your income and reserves probably.
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12 June 2018 | 5 replies
Maybe FHLMC doesn't like you no matter what, but FNMA will go for it if your retirement account assets are included in reserves.
21 June 2018 | 2 replies
I have some reservations, and would like to share and discuss with the veterans of this forum. :)First thing is that the prospect showed up before the scheduled time.
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25 June 2018 | 27 replies
You have no reserves from any income ...Then what ?
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6 July 2018 | 7 replies
Create a reserve account with some cushion to help cover payments if needed.
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18 July 2018 | 21 replies
You need a reserve fund.
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11 July 2018 | 10 replies
Based on the info you've provided, at 2 units x $500 =$1000/month gross rent, you'll get about $270/month before you subtract capex and maintenance reserved (insurance and taxes are included in your mortgage and renters pay utilities).
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9 December 2021 | 23 replies
I didn't see any of mention of a bunch of other expenses you'll have, like property tax, insurance, cap-ex reserves, maintenance reserves, utilities, and much, much more....