Hi All, My goal is to purchase a multi family rental in 2018 and house hack it. I'm curious to know how much you all budgeted for reserves when you purchased your first deal? Would you take your 401k into consideratio...

I have 8 financed properties and fall within that difficult band of 7-10 financed properties with Fannie Mae that require 6% reserves of the unpaid principle balance.  The reserve requirement has become prohibitive of...

 Hello all.  I have several rentals, some (Most) financed through portfolio loans, and a couple through conventional and one seller finance loans.  My primary is one of the conventional loans.  Its a 15 year note, rem...

Replacement reserves are funds that are set aside from a property’s operating cash flow to fund future capital expenditures. Normal wear n tear or repairs.How much should one set aside or budget for replacement reser...

Hey all,Would love to hear your take on this one.In my current situation, I have the money for a down payment and I can get financing and buy another property(this one will be number 3).Now, if I buy another property,...

Last year I switched from the fix & flip method to buy & hold (specifically the BRRRR method thanks to the Bigger Pockets Podcast). I am now up to 5 rentals but most lenders are telling me that I will have iss...

Just wondering if anyone else keeps home warranties on their rental properties in order to keep repair cost to a minimum. Between appliances going out, minor plumbing issues, etc; paying a monthly premium and a $75 de...

I was the highest bidder and only bidder on a property on Hubzu. I have a feeling that they are going to ask us to meet a reserve price, but I don’t know how much sense it will make to increase my offer. The property ...

Hello Fellow BP Members,Anyone care to elaborate on their purchase experience through auction.com? My questions are regarding a successful bid and the turn time before full ownership, for foreclosure and bank owned. I...

Hi All,I own 2 duplexes in Vermont. One under an LLC and another as my primary house. We are currently looking to purchase a single family home. We came across a requirement for the loan program we qualified for which...