Is general industry standard to have 3-4 months PITI reserves in bank after closing?I heard 1 month for USDA, 3-4 months for FHA so just seeing if I should wait if I am at like 3months PITI before applying.

hi all - if i am interested in a second home then do i need to have 6 months reserves on my rentals too?I know when i buy a rental then i have to show 6 months on my rentals, but when i bought my primary... i didnt ha...

Recently placed an offer on a small multifamily property that was off market. Offer was accepted and papers ready to sign. While reviewing documents I see seller is "reserving mineral rights". Has anyone ran into this...

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...

Just a thought I had and wanted some clarification on: when running analysis on rentals, cap ex & repairs are always a part of that calculation, no matter what - and that I understand. BUT, once you’ve accumulated...

How much in reserves do you keep per property and what sources do you use for this? I am a big fan in keeping proper reserves for each property I own (or plan to own) for two reasons: No. 1 - the bank would require it...

First time buying a condo in Boca Raton and have some basic questions. The community has been around for a while but trying to understand reserves (see attached). Inside the master community, there are many subdivisio...

Did anyone know what Auction's reserved price mean and how to handle the process? Did bidders pay more than Auction reserved price or pay below it? Could experts please explain to me how to bid on reserve price dem...

Hello - I am new to biggerpockets and I have 1 SFH rental property and I am seeking advice. I hear tons on leveraging, low money down...financing but I don't hear much about the length of the loan.  Should I take out ...

I am planning on selling a property and doing a 1031 exchange, I have a couple of questions that I have not been able to figure out from the many other threads on this topic.

The property I am selling has a higher va...