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Results (10000)
Account Closed Best Way to Keep Buying Momentum with Limited Cash Reserves
22 August 2015 | 0 replies

Im looking at my first investment property in Philadelphia and I have about $30k to play with. Im trying to decide if its better to buy one large MFH, putting down the entire $30k, or to purchase several properties. B...

Shefali R. Holding deposit to reserve a rental legal in New Jersey?
24 April 2016 | 3 replies

We want to ask a prospective tenant to pay a non refundable 'holding deposit' equal to one months rent to reserve an apartment in NJ until lease signing. deposit would be applied to first months rent. Need help with f...

Joseph Walker How to purchase before a refi is completed with little reserves
20 June 2018 | 2 replies

Just started listening to BP a few weeks ago! And boy, these topics would of been extremely helpful last year when I bought my first triplex in a great part of town. BP would of saved me a lot of newbie mistakes!!! An...

Byron W. Does the 203k require 3 months of cash reserves for approval?
16 April 2018 | 0 replies

I've been told that when buying 3-4 units, about 3 months of cash reserves is expected for just in case things go wrong. But does the 203k also require this? Considering you won't be immediately moving into the proper...

Account Closed how much reserves do you need saved for a 6 fam?
30 December 2008 | 1 reply

Second Ques:

Does anyone know of a source that provides down payment assistance and knows of lenders that provides commercial financing. thanks

Thomas Wang How much is your mortgage reserve and where do you keep?
14 October 2020 | 0 replies

It seems most lender requires 2-6 months reserve for your mortgages. How much do you actually keep in your reserve and where do you keep them? Money market and CDs do not pay much.

Khanesia Washington What are your reservations based on when deciding on a tenant?
12 January 2020 | 2 replies

Hi everyoneI've been a landlord now for almost 3 years. So far I've had pretty good experiences. I'm excited to be adding more doors to my portfolio outside state lines. What are your reservations when you are decidin...