Calculating Fannie Mae Reserves

[Christy Osterkamp]

Hi guys,

Can someone tell me what the % of reserves Fannie Mae requires for 9 properties? I know the first couple are at 2%, the next three are 4%, and 6-10 are 6%.  My question is.....once you hit #6, are you required to show 6% reserves for ALL the properties, or still only on #6-10?

Thanks for clarifying!