Just wondering what’s a good rule when it comes to having reserves. For vacancies and repairs how much in reserves should I have for a rental and an owner occupied house? Thanks!

Hello BP, was just wondering if a unsecured line of credit would count as reserves in the banks eyes when applying for alone.? I know banks want atleast 6 months to cover expenses. Just checking
Thanks!

How do you calculate how much to keep in your real estate accounts for reserves?  Do you set aside a % of the monthly rent each month?  A flat amount per property?  Presumably this would differ depending on the age of...

Hello, getting ready for my 1st property and I want to build a model for future investing. When do you stop saving for repairs? Say I save 5% for CapEx and eventually I have $10,000 saved. Do I continue to save or sto...

I have recently purchased a new build rental property in Ontario. I bought it for 550,000$ and the resale value is up to 800,000$ now (as the exact same model has sold for that much)I am waiting for it to close as it ...

Would a crypto investment account be acceptable to a lender as 6 months reserves?  Looking at another rental, this would be my first "rental" loan and they said they want to see 6 months of PITIA which I have but tend...

I can get a $52k HELOC on my primary residence and $15k in a SDIRA.
I was thinking of buying $80k-$100k multifamilys in Cleveland, Ohio with 25% down on each.
I’m trying to calculate what to have in reserves and the...

For our note funds, we set aside about 10% of capital raised as reserves. We set these aside for operating costs (foreclosure costs, note servicing, insurance, property tax advances, etc.) and minor rehabs for REOs.Mo...

It's commonly recommended to have six months of PITI for reserves. I was wondering what your experience is with this. Would be great to here from some RE veterans with decades experience and a recession or two under t...

Working on getting funding for a 4 unit, that I plan to house hack. For those who have closed FHA loans on 4 plexes how many months reserves did your lender require? I thought it would be 3, but I'm getting lenders (b...