Mark Hu
What kind of reserves do banks want property owner to have?
Assuming one has 3 properties, each worth @ 1 million each, with a mortgage of 400k each. 1 building is fairly new, and 2 are older buildings. What kind of cash reserves would a typical bank want you to keep? Espec...
David Avetisyan
Question: How Much Reserve is Necessary to Qualify for a Loan?
I have a few existing investment properties - all conventional loans. The new purchase would be a commercial loan.Per guidelines, what is the minimum reserve needed on my existing properties, and the subject property ...
Ryan L Grinstead
VA loan, reserve member who did not serve active duty time
Hello all, Long story short my reserve contract was up and I moved on from the military. I did not deploy or serve active duty time beside technical training and did not receive a dd214 when I left. I am having troubl...
Reagen Natho
Vrbo Reservation Shows Up on Synced Calendar but Not on Vrbo
Since I've currently been on hold with Vrbo for 15 minutes trying to get an answer, I thought I'd see if anyone has ever experienced this. I have a one day Vrbo reservation showing up on my synced Airbnb calendar and ...
William Coet
Met Reserve and Won Auction and Bank Decided Not to Sell
We bid on a property on auction dot com. We won the auction and met the reserve. At the last minute the seller (fannie mae) decided not to sell. The auction dot com representative said that the status of the house ...
Oleg Serdyuk
How much cash reserve should I keep per financed SFH house?
I have a couple of turnkey properties. I am collecting cash reserve. But how much would be enough money saved for an emergency fund per each property?Is there like a good formula for that?Is the number of properties w...
Jim Bray
Getting a "YES" for a Loan with limited income and reserves
Hi BP Family!
I am a "newbie" PRO here in the Bigger Pockets community and after lots of reading, listening, watching and learning I have finally found what I believe is a solid "Buy-and-Hold" deal. Its a Triplex ...
Steven G.
Cash Flow & Deal Analysis: where do you take reserves from?
Hi all, I'm just getting started in my REI journey and one of the main ideas I'm trying to sort out is where people generally take their reserves from. By reserves, I mean cap ex/maintenance/PM/vacancy. I understand e...
Carrie Westover
20% down AND reserves, where to get it when starting out?
Hello!
the old adage, "you need money to make money" is coming true as I am gearing up to look at properties and begin my investment journey. My strategy is buy and hold for longterm SFR rentals. I currently ...
Ramon Flores
How much should I have on reserves for my first deal???
Hello everyone I am in the process of making my first deal. It is an out of state deal, it is a duplex that is selling for 79,000. I have around $17,000 for investment and $6,000 personal emergency cash in case anythi...