Is it confirmed?

I would also need $50K in reserves and show proof that I either bought or sold 3 properties in my business.

That's where adequate reserves become critical.

@Matt Schreiber from experience I can confirm Upstate Bank Rochester NY. will do a HELOC on an investment property 70% LTV based on their conservative appraisal.

I like to build up a reserve between turnovers to allow me to paint between tenants.Capex the newbie killer.

Reserves.

Always call your escrow company directly to confirm any kind of money / wire instructions.

If you go all in and lose, you MUST have reserves.

Your constraining number to start will be sufficient reserves.

Thank you for your reply you just confirmed what I have already suspected all these new softwares out here offering you the world and delivering nothing I was looking at prop stream also they wanted $97 a month but people are having the same issue .