hey everyone, what do you guys think of a condo with 145k in reserves and about 200 units. Would you invest in that if cash flow is great?
Hi,im pretty new here, still trying to catch up with all the podcasts before diving into the website forums. Im trying to rent my first unit out for august and i failed. however, there was someone with a voucher who ...
I have read on other articles that per house you should have at least 6 months reserves before you invest in that house or another house. I have listend to a lot of interviews of people who are Financially free but h...
I am looking at purchasing 3 duplexes, but the 20% downpayment is going to eat up all of my current capital. These will be my first deals. My wife and I are currently employed and have large savings. Should I pass on...
I am working on buying my first rental property, and am having trouble with conventional lending so began exploring other options, I think DSCR might be the path forward. Can anyone provide info on typical cash reserv...
Does anyone have experience with this...are the Fannie Mae reserve requirements simply cash in a savings account?
Hi,I am trying to get my first investment property, and a couple of banks I spoke to are asking to see 6-12 months of reserves in my bank account to cover the mortgage.I am working on saving money towards a deposit, b...
I currently have 5 properties and wanting to scale to 10 STRs though my cash reserves are low. Saving up will take a few months so I’m trying to expedite the process since prices & interest rates are expected to j...
Wanting to build up my cash reserves over a 1 year period. I am curious if their are options out there that I am unaware of. Looking for examples other than setting money aside from primary job, mutual funds, Treasury...
Hi everyone! I just wanted to share one of my learning experiences from purchasing my first 3 family househack in Leominster, Massachusetts back in December of 2021. I purchased my property that was built well before ...