Sentences with phrase «liquid cash on hand»

If you don't have the stable income to cover the monthly payments for the duration of the loan, it will be crucial to have enough Liquid Cash On Hand to cover at least 6 - 12 months of payments.

By far, the most common reason Borrowers get denied on a Hard Money Loan is lack of liquid cash on hand.

No matter what, you'll definitely need to be able to cover a reasonable down payment + fees + closing costs, which is why a lack of liquid cash on hand is by far the most common reason people get denied on Hard Money Financing.

Not exact matches

Liquid — Assets held as cash, or easily convertible to cash; liquidity measures a company's cash on hand or Cash fcash, or easily convertible to cash; liquidity measures a company's cash on hand or Cash fcash; liquidity measures a company's cash on hand or Cash fcash on hand or Cash fCash flow.

In such situations, insurers like RGA do not always have enough cash on hand, and have to resort selling their less liquid assets at loss to cover their obligations.

While this couple had an unusually large percentage of their net worth in a non liquid position, it is not unusual that the amount of taxes due is larger than the amount of cash on hand.