Common minimums: 6 months PITI per subject property on DSCR, 2–6 months on conventional. Retirement accounts count at ~60% of vested balance. Reserves protect the lender if the property vacates.
Underwriting
Reserves
Liquid post-close funds a lender requires you to keep in the bank, measured in months of PITI.
More in Underwriting
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- Gross Rent— Total rental income before any expenses or vacancy adjustments.
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- T-12 (Trailing Twelve Months)— The property's actual income and expenses over the last 12 months — the primary underwriti…