I checked with the mortgage broker again and I was informed that I am needed to have 6 months of reserve monthly payment for the new property and also for my current home (with a conventional loan and greater than 5%), kindly let me know if this is a common requirement or if there is an alternative option available.

I can sell it.I have the cash reserves myself to lend, as well as know both individuals who want to fund real estate investors, and customers.I've talked to hard money lenders in depth before and understand the traditional model.

Make sure you keep good reserves on hand and keep learning!

The Dollar is still the world's reserve currency so reserve banks around the world are compelled to keep buying dollars.

I bested the reserve state champion at a little match in the mall He thought that was abunch of BS that they didn't count it but we ended up playing quite a bit away from the clubs.

Once you spend you're $43k, how much more do you have in reserves?

Now there are some situations you can do it such as you tell a retiring seller you want to keep more money for reserves on an owner finance but offer up to cross collateralize your other properties.If you have no money and no assets I think you are wasting your time.

If you are going to flip I am most concerned with a quality deal, experience or that you are working with someone with experience and you have enough reserves to hand problems.

Rather than drive it into the ground over the next few years, I decided to buy another vehicle and reserve the Xterra for when its really needed.

I called and made a free reservation.