Scott Kimberly
BRRR on 5 or 6 Unit Reliably?
31 January 2020 | 6 replies
Also, stress test your rents and add in contingency reserves (as you would on an SFR BRRRR).
Ricky Harris
Getting equity with an already low interest rate
4 February 2020 | 4 replies
Either with the CLTV they are looking at or the cash reserves some places have been requiring.
David McIntyre
First real estate contract
31 January 2020 | 1 reply
Hi David, tough to answer without knowing more about the nature of the opportunity.
Marc Possoff
Are My Numbers Right?
4 February 2020 | 12 replies
Just verify all budget numbers and put as much in reserve that you can after all expenses are paid monthly.
Everett Morris
[Calc Review] Help me analyze this deal
6 February 2020 | 5 replies
However, it seems you could scale back your repair allocation, but at the same time, I am guessing your wanting to build a reserve.
Rosario Rolandi
Flip or keep it, my first investment property, suggestions 🙏🏻
11 February 2020 | 10 replies
@Rosario RolandiProvided your numbers are correct (1500 rent and 980 PITI) I say keep. 980 + 5% for each of the 3 “big reserves” (vacancy, CAPEX, maintenance), leaves you at $1205.
Levi Machira
1st deal - RE Wholesaling in Houston
4 February 2020 | 5 replies
I know plenty of wholesalers who can't qualify for a loan due to credit or reserves.
James Williams
HELP!!! Deal financing issue!
6 February 2020 | 48 replies
My credit is not strong at all and I only have about $8K cash reserve.
Cameron Calvert
Should I buy this as my 1st investment property?
10 February 2020 | 22 replies
If you do it, aggressively build up cash reserves and pay down principal.
Sean Mcintire
Person looking to borrow against the equity in the notes
15 February 2020 | 12 replies
My credit is over 800 and I have about $180K in reserves.