money for reserves to purchase multifamily house
1 Reply
Jarred Smitb
posted almost 2 years ago
ok so I'm ready to purchase my 3rd multifamily home and the problem I'm facing is I'm about 6k short of my reserves. the mortgage company said I need 6 month mortgages for all 3 multifamily home and my primary.I was wondering if anyone had any tips how to get the extra money I would need to get the loan. Thanks
Andrew Angerer
Rental Property Investor from Dayton, OH
replied almost 2 years ago
@Jarred Smitb . I would be interested in helping, I have 20k cash reserved. I could write a cashier's check for a part of the deal. Let me know the details of the deal, and maybe we can work something out.