I do have the cash on hand, it generates maybe 1 % at the moment as I have a fair amount of liquid cash sitting in the bank. (biggerpockets.com)
I suppose one way to understand his statement is to say that you should have $ 100,000 in liquid cash in your bank account before you invest. (biggerpockets.com)
If you want to try to create some quick liquid cash for yourself then the buy and hold strategy is probably not the way you want to go. (therealestaterenegades.com)