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26 August 2024 | 3 replies
At closing the taxes will be calculated per day and then divided by days remaining in the year at closing.
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27 August 2024 | 3 replies
Good Morning I was listening to the BP Rookie show #300.
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26 August 2024 | 2 replies
Quote from @Veronica Giggers: Good morning BP family.
27 August 2024 | 5 replies
This morning, I found out the property manager bought the property for a ~$100K discount.
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25 August 2024 | 10 replies
If that is the case, then it should be a simple matter of taking the total, subtracting the amount from the submeter and then dividing the bill appropriately with them splitting and fees unrelated to the usage 50:50.
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26 August 2024 | 1 reply
Good morning, everyone.Hello, my name is Chris.
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26 August 2024 | 2 replies
There is a solution though because there is Non/QM which offers a few programs like (1) year 1099, Bank Statement, and DSCR programs. 1 year 1099 is self-explanatory, Bank statement uses 12 or 24 months bank statements gross deposits and divides that income usually 75% over 12 or 24 months, and DSCR requires No income or job, it uses the rents of the property as income as long as the rent(s) are equal to or greater than the proposed PITI payment.None of the above Non/QM offer construction loans though so you will need to stay W2 or wait 2 years.
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25 August 2024 | 4 replies
Outlined the total amount owed and the months allowed to pay it back in, then divided it by that # of months and tacked it onto their rent.