It's commonly recommended to have six months of PITI for reserves.

I'm closing 3 cash out Refi bought the rate down to 3.5%, wow, but a 5yr pre pay penalty but I plan on holding 10+yr Commercial lenders dont care about DTI, or much reserves.

I was in a good position with the Airbnb IPO, so I have about $20,000 in stock as cash reserves.

I would confirm with a lender to be 100% sure, but people use FHA to build their portfolios year after year.

Depending on which property it is of mine and what the cash flow is left after reserves, CapEx, and vacancy, I try to put between $50-$250 more each month on my mortgage payments, but that’s me.

I, followed up and contacted the townships as well to confirm that there were no unpaid fees owed by the current owners.

I want to BRRRR this.I confirmed the square feet with the city tax assessor, and he told me that the previous owner never allowed him access to the home because he did not want to pay the city taxes for an extra 2500 sq. ft.

My 3rd option would be canceling a reservation.2nd option would be getting one of the 2 guests to cancel.

The 6 unit is 19.84% CoC and would take all my reserves but this would grow quickly to reinvest in the next one which has $1,000 a month cash flow.

I also understand the importance of cash reserves.