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26 March 2020 | 9 replies
I also use our TSP balances all the time to show proof of funds/reserves for purchase/underwriting purposes.
18 March 2020 | 3 replies
Airbnb operators who have limited cash reserves will be underwater pretty soon.
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17 March 2020 | 4 replies
Reserves will come in handy over the next few months.
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19 March 2020 | 3 replies
if nor look for a commercial lender (asset-based) Non-QM lenders, your DTI won't be looked at just your FICO score and reserves 1-3 months.
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23 March 2020 | 49 replies
I think the lessons learned though for those in real estate especially the buy hold niche is when your providers or financial folks are running proforma's that show reserves for vacancy cap ex etc. that these are not numbers to just think about but numbers that need to move to cash and set in accounts for these exact scenarios.
16 March 2020 | 2 replies
Since you did a big rehab your monthly costs should be reduced and increased as the property get older. 110K rehab you would not need CapEx reserves in the initial years.
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18 March 2020 | 4 replies
Maybe a long shot, but I heard today that Amazon and some grocery stores are hiring to keep up with all the demands for delivered goods and groceries.
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16 March 2020 | 1 reply
The Federal Reserve cut interest rates to zero.
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26 July 2020 | 30 replies
The local hardware stores are already running lean, what with China imports down.
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25 March 2020 | 10 replies
The Word of God and healthy reserves are two good ways to stay calm in times of trouble.