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22 January 2025 | 21 replies
Here are the key points:- First-time homebuyer: You qualify if you (and your spouse, if applicable) haven’t owned a home in the past two years.- Lifetime limit: The $10,000 is a lifetime limit, meaning you can only use it once for this purpose.- Taxes: While the 10% penalty is waived, the withdrawn amount will still be subject to regular income taxes.This can be a useful way to access funds for a home purchase, but keep in mind the tax implications and the potential impact on your retirement savings.
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7 January 2025 | 0 replies
Getting the application and fee for the first lease completed now.
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20 January 2025 | 14 replies
- We send bi-weekly reports with: Webhits, inquiries, showings scheduled, showings completed, list of applications and status.6) How often has your PMC discussed price reductions?
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3 January 2025 | 4 replies
We rent to plenty of S8 applicants; I've always believed the standard of care they exude is as high if not higher than "market" applicants because they'll get kicked out of the program if they don't.
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4 January 2025 | 11 replies
The 'guy' can either move out immediately or the can both submit an application to rent the property together.
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7 January 2025 | 3 replies
Hello,I’m looking for guidance on if a 1031 exchange is applicable in my situation.I currently own a single family rental property that I’m planning on selling.
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29 January 2025 | 20 replies
Top line revenue - PM Fee (if applicable) - utilities - maintenance - misc costs of doing business.Good luck!
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19 January 2025 | 9 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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9 January 2025 | 9 replies
Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).
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16 January 2025 | 10 replies
There have been numerous people on BP talking about how they paid application fees but they could never get their loans closed on any deal brought to the company.