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Results (10000)
Monte Mabry Line of Credit for Reserves
21 January 2020 | 1 reply

Good morning BiggerPockets! Has anyone secured a line of credit from a bank and used this line of credit as their reserves that are required for more mortgages when acquiring buy/hold rentals? Did you continue to use ...

JaSun Frone Best use of cash reserves
13 March 2020 | 2 replies

Hey BP Family,I am looking to invest in my first fix and flip. I have $20K in the bank and $40K in a SoloK. I’m looking for advice on how to best leverage these resources. I reside in DC and actively looking for pro...

Chris Seveney Bank Cut Reserves to 0.
16 March 2020 | 11 replies

While I am not surprised rates were cut to zero - bank reserves were also cut to zero as well. For those that are not familiar with lending, a major component to the crisis a decade ago was banks had to liquidate asse...

Casey Estep Federal reserve lowering interest rates
16 March 2020 | 2 replies

What’s the catch for the federal reserve lowering interest rates to 0-.25%? What are the risks? I see a lot of pros in investing and buying now.

Erin A. FHA Reserves on Multifamily Properties
18 August 2015 | 5 replies

Hi all,

I'm in escrow on my first real estate deal (ever), a vacant triplex in Northern California. I'm using FHA financing and everything has gone extremely well... until now.

Despite asking my mortgag...

Jeff Sprunger HUD Reserve price not met
24 February 2017 | 2 replies

Hi everyone, I've been watching a HUD home in my city.  it dropped in price a few times, but seems to have leveled off.  it has been at the same price for over a month.  Has it hit a HUD "reserve price" and won't go a...

Peter Schuyler Using Maintenance Reserves to Crowdfunding
25 February 2017 | 5 replies

Im curious if anyone else had tried this:
At the beginning of a lease, say I would reserve $250 a month into a checking account to build up for Capex and or small repairs.  I actually use 10% of the gross rents whate...

Ryan Keenan Using your 401k and reserves
13 March 2017 | 1 reply

Question about the 401k. Will the banks count all the money you have in your 401k towards reserves or just the amount you can borrow.. I have just enough for the down payment but was looking into borrowing from my 401...

Phil Ferranto Adequate reserves vs. rehab budget
13 March 2015 | 8 replies

Hi everybody, I'm shopping for a 30-50 unit MF apartment building and am trying to work some calculations for reserves and rehab costs. I have an ever growing list of data points that suggest investing at least $5,000...

Cheryl Vargas Reservation request- Credit card denied
15 May 2019 | 9 replies

Advice? I just accepted a request to book for today, then the guest said he used the wrong credit card to book. He will put the correct card in once the original gets denied. I told him about 1/2 hour ago to cancel h...