Welcome to Great Content Authority (GCA) Forums

Here’s a video for crime of the crime of the week folks

When Cops crossed the line and violate a citizens civil and constructional rights, they will lose their jobs and get arrested, charged and sued. They are not above the law.

https://fb.watch/opYOfBdZ_T/?mibextid=Nif5oz

What is the difference between traditional versus non-QM jumbo mortgage loans?

Exeter, Olyphant just two city name that claim the best pizza. In fact Old Forge, Pennsylvania lauds as being the “pizza capital of the world”, along with kielbasa. I have eaten pizza all over Italy, John’s on Bleecker Street, Grimaldi’s in Brooklyn, Patsy’s in East Harlem. I even eaten pizza on a grill created by a culinary student from Australia, feta cheese and olives. Love them all! My favorite pizzas from Northeast Pennsylvania are: Angelo’s, Sabatatini’s and Arcaro and Gennel. Next time you are traveling through NEPA stop for pizza, and don’t forget the kielbasa.

A fellow member of GCA FORUMS directed me to ask GCA FORUMS members about generating my own organic traffic for Leads. I have been shit out of luck buying leads.

Many new manufactured homes don’t look like manufactured homes. Looks more like custom homes. Some you can not tell the difference.

What is Gustan Cho Associates? Gustan Cho Associates is the parent company of GCA stand for Great Content Authority (GCA) FORUMS and dozens of subsidiaries and affiliate partners. We are a not-for-profit information and resource center of mortgage and real estate content. We do not sell viewer information nor sell leads. Our support, operations, and licensed staff originate, process, and close all inquiry leads in house or refer them to reputable member partners. Our moderators and advisors have a track record of being able to qualify, approve, and close mortgage loans other lenders cannot do. Gustan Cho Associates power GCA stand for Great Content Authority (GCA) FORUMS and its sub-forums.

• This discussion was modified 2 years, 2 months ago by  Gustan Cho.
• This discussion was modified 2 years, 2 months ago by  Gustan Cho.
• This discussion was modified 2 years, 2 months ago by  Gustan Cho.
• This discussion was modified 1 year, 1 month ago by  Sapna Sharma.
• This discussion was modified 1 year ago by  Sapna Sharma.
• This discussion was modified 7 months, 3 weeks ago by  Sapna Sharma.
• This discussion was modified 6 months, 4 weeks ago by  Sapna Sharma.

I have been in the mortgage and real estate industry since 1998. I have been running my mortgage branch for over ten years. During my tenure, I have worked with hundreds of wholesale mortgage lenders. Out of the hundreds of wholesale lenders I have worked with and thousands of loans my team has closed, I find Equity Prime Mortgage the most efficient of all lenders I have worked with. Hands down, it is the best wholesale lender for government and conventional loans with no overlays. EPM is the only wholesale lender in the nation that serves the underdog: The best lender for FHA and VA loans with credit scores down to 500 FICO, manual underwriting, and helping countless families be able to purchase a home during Chapter 13 Bankruptcy payment plan without the bankruptcy being discharged.

My team has been working with EPM since 2018, and to this day, Equity Prime Mortgage remains our wholesale lender of choice. Out of 210 wholesale lending partners in our wheelhouse and network, EPM, hands down, is the best lender I have worked with, am working with, and will always work with. No other wholesale mortgage lender comes close. From our wholesale account representative to the disclosure desk and processing team, underwriters, closing department, and last but not least, the management and executive team, the professionals at EPM have been there for the customer and loan officers. I realized that not all wholesale lenders are alike.

Far from it. When you first deal with Equity Prime Mortgage, any loan officer and branch manager will find out it is no secret that the company has a solid foundation. This is due to the leadership at EPM. Any successful company running as smoothly as Equity Prime Mortgage is not by accident. It all starts from the top down, the rank and file. It is the people that make a great team. The combination of the great teams in a company makes it great. It is the leadership that makes a great company a greater company year after year. I am a firm believer in positive criticisms and not compliments. With positive criticism, you strive to get better. However, EPM has been a Godsend to our team and thousands of loan officers. The team at Equity Prime Mortgage is our silent, unrecognized heroes.

I wanted to share how much we appreciate everyone at EPM. Due to EPM, my team and I have grown exponentially year after year. We are now licensed in 48 states and growing year after year. Amazing is an understatement for the professionals at EPM. Fast disclosures, processing, and underwriting, excellent communication with all areas of the process from underwriting to the closing, and an account rep who is always there to answer a question or assist in getting the loan through. And some of the best pricing in the industry. I highly recommend Equity Prime Mortgage to anyone. If you own a mortgage company, branch manager, or loan officer, you MUST get approved to do business with EPM. I have been in the mortgage industry a long time, and it is obvious that EPM spent time developing their systems and used mortgage professionals in the development process. From the time of submission to issuing your own CD to drawing your own doc instructions, their systems make sense, are efficient, and, despite TRID, you can get loans closed in 30 days or less.

I would like to thank the support and ops staff, our one and only superstar account representative Christian, the processing and underwriting team, the division managers, the professionals who run the closing desk, upper management, and the owners. There are no words to express our gratitude for being our heroes in helping our borrowers, and their families make the dream of homeownership a reality. God Bless.

gustancho.com

Best Wholesale Mortgage Lenders For Non-Prime Loans

Gustan Cho Associates looks out for their borrowers by having strong relationships with the best wholesale mortgage lenders for non-prime loans

Over 35% of viewers at Gustan Cho Associates are from Gustan Cho Associates subsidiary and affiliate partnership websites and social media platforms. Due to having a network of 250 wholesale lenders, we have all traditional government and conventional loans with no lender overlays and hundreds of non-QM loan programs. Below is the list of our subsidiaries:

1. GCA Mortgage Group
2. Great Content Authority (GCA) Forums
3. Non-QM Mortgage Brokers
4. FHA Bad Credit Lenders
5. Mortgage Lenders For Bad Credit
6. Jumbo Mortgage Options
7. Preferred Mortgage Rates
8. Lenders For Bad Credit
9. Multiple partner websites and social media platforms

• This discussion was modified 2 years, 2 months ago by  Gustan Cho.
• This discussion was modified 2 years, 2 months ago by  Gustan Cho.
• This discussion was modified 2 years, 2 months ago by  Gustan Cho.
• This discussion was modified 10 months, 2 weeks ago by  Gustan Cho.
• This discussion was modified 7 months, 3 weeks ago by  Sapna Sharma.

Manufactured homes are often better built and more functional than stick-built, ground-up, new construction-spec homes. In general, the cost of land and the acquisition of manufactured homes cost a fraction of the price of stick-built, ground-up new construction homes. You cannot tell its a manufactured home often times. Another great benefit of buying a manufactured home versus a ground-up construction stick-build home is that it takes less than half the time to build a manufactured home versus a ground-up new construction home. Buying a manufactured home and buying a ground-up, new construction-spec home are two different options with their own advantages and disadvantages. Here’s a comparison to help you understand the differences:

Comparing the Cost of Construction of Manufactured Homes versus Ground-Up New Construction Spec-Homes

Manufactured Homes: Manufactured homes are typically more affordable than ground-up new construction homes. They are constructed in a factory and then transported to the site, which can lead to cost savings.

Ground-Up New Construction Spec Home: These homes are typically more expensive because they are built from scratch on the property, and you may have more customization options.

Customization

Manufactured Home: While you can make some customizations to manufactured homes, your options are usually more limited compared to ground-up construction. You may have choices in interior finishes and layouts, but major structural changes can be challenging. Ground-Up New Construction Spec Home: You have more flexibility to customize a ground-up new construction spec home. You can work with the builder to choose materials, layouts, and finishes, tailoring the home to your preferences.

Quality

Manufactured Home: Quality can vary depending on the manufacturer and the specific model. Generally, manufactured homes are built to federal HUD (Housing and Urban Development) standards, which ensure a basic level of safety and quality: Ground-Up New Construction Spec Home: You have more control over the quality of materials and construction when building a new spec home, which can lead to a higher overall quality and durability.

Location: Ground-Up New Construction Spec Home: You have more flexibility in choosing the location for a ground-up new construction spec home, as you can buy a lot in various neighborhoods or areas. Manufactured Home: Manufactured homes are often located in manufactured home communities or on private land. The location may be limited to areas zoned for manufactured housing.

Resale Value:

Manufactured Home: Generally, manufactured homes tend to appreciate in value at a slower rate compared to traditional stick-built homes, which can affect resale value. Ground-Up New Construction Spec Home: Ground-up new construction homes often have better resale value and may appreciate more over time, especially if they are located in desirable areas.

Financing

Manufactured Home: Financing options for manufactured homes may be different from traditional mortgages and can have different terms and interest rates. Ground-Up New Construction Spec Home: Financing for new construction spec homes is typically similar to traditional mortgage financing, making it more straightforward for many buyers. Ultimately, the choice between a manufactured home and a ground-up new construction spec home depends on your budget, preferences, and long-term goals. Consider your priorities in terms of cost, customization, quality, location, and resale value when making your decision.

• This discussion was modified 1 year, 5 months ago by  Gustan Cho. Reason: Want to get notified

Is there such a thing as an odometer stopper? Does an odometer stopper roll back the odometer of your car? Is an odometer stopper illegal? How does an odometer stopper work? Is it a crime to install an odometer stopper on your vehicle?

https://www.facebook.com/share/v/j8fy76kcKupqZad5/?mibextid=D5vuiz

facebook.com

Lamborghini Huracan With A Mileage BLOCKER 🤦‍♂️ | Lamborghini Huracan With A Mileage BLOCKER 🤦‍♂️ | By Super SpeedersFacebook

Lamborghini Huracan With A Mileage BLOCKER 🤦‍♂️

@RPE Johnny Joe. Gustan Cho asked me to reach out to you. I run a commercial loan officer business opportunity training school and have for the past twenty years. Gus is a very good friend of mine and he thought you and I may have mutual business interests and goals. Please reach out to me or let me know when you are available so we can see if Gustan is the real Nostradamas. I will tell you something about Gustan. He has been 100% right on all his forecast and not once wrong. Nice to meet you.

The question of whether Florida is experiencing or heading toward a housing bubble is a topic of intense debate among economists and real estate experts.

In this subforum, we will cover a careful analysis based on current data and expert opinions.

Signs of a Bubble:

Rapid Price Growth: Florida home prices rose over 20% in both 2021 and 2022, far outpacing income growth.

Investor Activity:

Investors account for about 30% of home purchases in some Florida metros, higher than the national average.

Migration-Driven Demand:

The pandemic-era influx of out-of-state buyers has pushed prices up quickly.

Construction Surge: New home starts are up significantly, reminiscent of pre-2008 levels.

Arguments Against a Bubble:

Strong Fundamentals: Florida’s job market is robust, with unemployment below the national average.

Real Demand:

Much of the demand is from actual homebuyers, not just speculators. Tighter Lending: Unlike in 2008, today’s loans have stricter requirements.

Low Inventory:

Despite new construction, supply still lags demand in many areas.

Cash Buyers:

About 45% of Florida home sales are cash, reducing foreclosure risks.

Regional Variations:

Miami, Tampa, Orlando:

These metros have seen the steepest price hikes, raising more bubble concerns.

Jacksonville, Pensacola:

More moderate growth, less likely to be in bubble territory.

Expert Views:

Some (like those at Florida Atlantic University) say the state is “firmly in housing bubble territory.” Others (like the Florida Realtors Association) argue fundamentals support prices, citing strong migration trends.

2023-2024 Predictions:

Most expect price growth to slow significantly, maybe to 3-5%. Some predict a 10-15% correction in overheated markets like Miami. Few foresee a crash like 2008, given different market dynamics.

Risk Factors:

Interest Rates:

Higher rates could cool demand.

Recession:

An economic downturn would test the market.

Natural Disasters:

Hurricane risks may deter some buyers. The consensus is that while Florida’s housing market is overheated, especially in certain metros, it’s not a clear-cut bubble situation like in 2008. Most experts expect a slowdown or moderate correction rather than a catastrophic burst. However, they caution that external shocks could change this outlook rapidly.

https://www.youtube.com/watch?v=4nOW2aM8Q4k

• This discussion was modified 10 months, 3 weeks ago by  Dawn.
• This discussion was modified 10 months, 3 weeks ago by  Gustan Cho.
• This discussion was modified 10 months, 3 weeks ago by  Sapna Sharma.

So this teacher decides to give her 5th grade class an essay assignment. She asks the class, “What would you do with a million dollars?” All the kids start scribbling sentences, when off to the side sat this young just staring ahead. The says, “ Linda, did you not understand the question?” The girl responds, “ yes, ma’am I did, I’m waiting for my secretary.

What do you do if your taco truck tips over? You call: 9-Juan Juan

American consumers are getting squeezed economically. Interest rates on cars are between 11% to 19%. Average amount of monthly car payment is $700.00. Many consumers have car payments higher than $1,000 per month. Ford Motors announced great earnings. Now how can that be. Well, Ford CREDIT was offering zero percent on special FORD vehicles.

https://youtu.be/YPvv84wJz2o?si=lyrq3MmEDN8bJMSm

https://www.youtube.com/watch?v=xPMa4YgZWNQhttps://www.youtube.com/watch?v=xPMa4YgZWNQ

Want to thank my dear friend @TriciaJ Tricia James our favorite preferred wholesale Mortgage Lender who has brought it to my attention of Animal Care LA County Shelter who are overwhelmed with dogs and cats in desperate need of foster care and permanent forever homes. I think this great organization needs help I am all in

https://www.facebook.com/share/p/jVxynCH7FFk7BUS9/?mibextid=oFDknk

facebook.com

Log into Facebook

Log into Facebook to start sharing and connecting with your friends, family, and people you know.

https://www.youtube.com/watch?v=oEmWLVJZKgM

Original Article:

https://www.mortgagesensei.co/blog/how-to-get-a-mortgage-as-a-first-time-home-buyer

—

This is a common question that I answer all the time. It’s easy to explain but may be difficult to execute. No worries! I’m going to lay it all out in the simplest and easiest way possible. At the end of this blog, you will know what financial areas you should focus your attention on as a first time home buyer

Understanding the 5 Pillars of a home loan will help you identify the financial factors that a lender evaluates to determine if you’re eligible for a home loan. In this article, we’re going to focus solely on what it takes for you to become a well-qualified borrower. If you simply focus on that and develop good financial habits, you will soon find yourself in a position to not just be able to qualify for a home loan, but to be considered a well-qualified borrower in the eyes of lenders, realtors, sellers, or anyone else involved in the home buying process. Take your time to read through this, and feel free to reach out to me here for any assistance that you may have.

What credit score do you need to buy a house for the first time?

Depending on your selected home loan program, you could qualify for a home loan with as low as a 500 FICO credit score. However, let’s not worry about “how low of a credit score can I have and still qualify for a home loan?” and focus instead on “what do I need to financially focus on daily?” With that being said, I recommend focusing on the FICO factors that impact your credit the most. Using myFICO Education as a guide:

Payment History (35%): This is simple to understand—don’t miss any minimum monthly payments for ANY of your credit accounts. A lot of people, when they read this, will say, “No duh, Sensei!”. Well, if it’s that obvious, why are so many people missing the mark here? There are many reasons, but I’ll list two:

1. Over-extending your credit/spending capacity, and
2. Limited amount of emergency/reserve funds.

Did you know that you only need a TOTAL of 3-4 credit accounts aged for 2+ years and properly managed to get a 700+ FICO score! Keeping your total credit accounts under 5 will help you in managing your credit accounts to ensure nothing falls through the cracks. Here’s my recommended financial habits to help you in raising your credit score:

1. Frugal spending habits: “How much you keep is slightly more important than how much you bring in”. One of my favorite books is “The Richest Man in Babylon”. The concept is pretty simple: “Priority saving and investing over any other spending choices”.
2. Fanatical saving: One of the main reasons people credit suffers is through some kind of financial hardship whether that’s unexpected medical expenses, job loss, or something that tends to be outside of your control. Having enough savings to weather the storm for months or even years, will give you a large enough financial safety net to make it through recessions, rapid inflation, unexpected expenses, etc.

Amounts Owed/Credit Utilization (30%): Our areas of focus are:

1. Revolving: “how much of your credit limit is drawn and owed.”
2. Installments: “how much of the credit debt is still owed compared to your starting amount.”

Developing frugal spending habits will greatly help you in keeping your credit utilization low. I understand that emergencies come up and you have to use your credit cards, but the truth of the matter is that FICO doesn’t care about your emergencies, or why your credit cards are maxed out. They only care that your credit card is maxed out. If you cannot quickly pay down your credit card balance under 10%-30% of the credit limit within 30 days of charging it, then you probably should not charge the product/service to your credit card.

Negative Status: Collections, charge-offs, repossessions, bankruptcies, foreclosures, Late payments within 2-years, etc. You can do everything right, and getting one of these can set you back overnight. All of these derogatory events result from some negative financial event that occurred, whether unintentional or intentional, the results will be the same. For those who have been victims of identity theft, you know from experience that creditors don’t care that your identity was stolen and a criminal damaged your credit. All they’re going to tell you is “take responsibility in fixing your credit.” Working towards preventing these negative financial events from reporting on your credit or removing them from your credit is your third focus. If you need help, reach out to Kredit Kleanse for expert credit repair assistance, or schedule time to start your home loan qualification process by clicking here.

How much income do I need to buy a home?

After the 2008 housing crash, our government implemented S.A.F.E. requirements for lenders to do their due diligence to ensure that the borrower is protected from predatory lending. One of the main focuses was on DTI (Debt-to-Income ratio). For the sake of this blog, I’m only going to focus on two aspects of DTI that are more relevant to this article:

Total Income: In this case, the borrower simply doesn’t make enough to afford the home regardless of how little debt they may have. For instance, the borrower earns $100,000 per year for income and wants to purchase a $1,000,000 home. Those numbers, in most cases, won’t work. Here’s my personal calculation: whatever your “total annual income” multiplied by 3x-4x should put you in the range of a home you can afford AND still enjoy life/save/invest/etc. This is not stating what you will qualify for, but simply a measuring equation to see if you are in the ballpark. Please note that (1) your area could be more or less expensive, (2) current interest rates, and (3) the lender you choose WILL affect your final qualification. The best course of action here is to either:

1. Increase your qualifying income: This is VERY tough conversation to have, and honestly the part of the job that never sits quite right with me. But truth is truth regardless of how I feel about it. Ways to increase your income are:
   1. Ask for a raise
   2. Go for that promotion
   3. Create passive income
   4. Start a business/side hustle (you’ll need a 2-year history of having that business)
   5. Get a 2nd job (you’ll need a 2-year history of working both jobs)
   6. Add a co-borrower/signer
   7. Obtain a higher paying job
2. Reduce your housing price if possible: I’ve helped people that simply weren’t able to increase their income, maybe because they are retired on fixed income, can’t change jobs due to their needed benefits or family, etc. To those people I would suggest reducing they’re home buying price by adjusting their home search parameters. The more flexible you are on the type, location, etc. of your new home, the more options you will start to have. Maybe a smaller starter-type home is what you need.

Usable Income: In this case, the borrower makes enough “gross income”; however, the challenge is the borrower has too many debt obligations that are eating away at the potential income we could use for a housing payment for the home they want. This is normally when the lender will tell you “your DTI is too high to qualify”. The best course of action here is to reduce/eliminate your monthly credit debt obligation. You can use a method called “debt-snowball”. The debt snowball method is a debt payoff strategy that involves paying off debts from smallest to largest balance. Once a debt is paid off, the money that was previously allocated to that debt is then used to pay off the next smallest debt. This strategy can help build momentum and keep you motivated as you pay off your debts. As each debt is paid off, payments increase in size, similar to a snowball rolling down a hill. We are also able to help our clients quickly identify exactly which credit accounts to pay off to move the DTI ratio meter the most. Schedule time to start your home loan qualification process by clicking here.

How much cash should you have before buying a house?

Lastly, we have to address the “Where’s the money coming from?” aspect. This is the red pill of our housing market/economy. Meaning that it’s ALWAYS better to bring money to the table over not bring anything. You have to be able to invest in the purchase of your home. The ideal scenario is a borrower that can fully fund all expenses needed to purchase a home without needing any assistance. Now don’t get me wrong, we will help anyone get into a home. However, if we look at the true data, people that need financial assistance to buy a home tend to have a more difficult time becoming homeowners: (1) loan programs are too restrictive, (2) sellers don’t want to sell to someone using a loan assistance program, (3) they’re not able to qualify for as much house as a traditional loan program, etc. These are the four areas you should consider:

Down Payment: This normally ranges from a minimum of 3%-5% for primary residence loan programs. If you don’t have the funds, there may be a home down payment assistance program available for you.

Closing Costs: Title costs, government recording fees, appraisal fee, credit report fee, setting up your prepaid/escrow account for property taxes and homeowners insurance, etc. This normally ranges from 3%-6% of the purchase price, depending on the area.

Moving Expenses: Will you need to rent a moving truck, hire movers, take time off from work, pay for deposits for utility hookups, build new furniture, throw a housewarming party, etc.? Many lenders will tap you out at closing, and you may be blinded by the excitement of buying your first home and you simply forget about these costs that are unrelated to buying a home. This is an unknown number because everyone is different. All I’m doing here is making sure you’re aware of this and plan for it the best way you can.

Once you add up everything the starting line is anywhere between 6-11% of the purchase price. If you don’t have it or simply don’t want to spend that amount, then you’ll need to work with the right people that have a strong understanding of creativity financing. schedule time to start your home loan qualification process by clicking here.

Give it to me straight and don’t sugarcoat it Sensei!

Over the course of my career, I’ve had the pleasure of working with some of the grittiest people I’ve ever had the pleasure meeting. Some of those people “had no hope” of buying a home as a first time home buyer. What allowed them to become homeowners was knowing how the game works. It’s like golf—if you don’t know how to (1) pick the right club, (2) examine the landscape, and (3) swing with the right technique using the right amount of force and accuracy, you’ll easily get tired of “trying” to play golf. There are a lot of people today who are trying to buy a home, instead of actually being able to buy a home.

One of the biggest misconceptions, in my opinion, is that people are trying to get a lender to qualify or approve them for a home loan, instead of just being a well-qualified buyer for a home loan before they even reach out to the lender to “verify their financial status”. Credit, repayment ability, funds needed for closing—these are your core pillars that truly make up the borrower aspect of a home loan.

I’ve been in this business since 2011, and I can tell you without a doubt that traditional loans walk, look, and act similar. Yeah, there are guideline differences, but the truth of the matter is that even with these differences, the essence of the home loan is still the same. Working with someone that has these core home loan assessment experience will put you on the right track FAST. Schedule time to start your home loan qualification process by clicking here.

What would you do Sensei?

The 5 Pillars of a home loan are made up of: Credit, Repayment Ability, Funds Needed for Closing, Subject Property, and Loan Program. For this subject of “How to get a mortgage as a first-time buyer,” you have to find out what you qualify for. My recommended sequence of focus is: (1) Credit, (2) Repayment Ability, (3) Funds Needed for Closing, (4) Loan Program, and (5) Subject Property.

Here’s the honest truth:

1. Before you go under contract to purchase a home (i.e., subject property), you should know what you qualify for (i.e., loan terms/program),
2. Before you know what you qualify for (i.e., loan terms/program), you will have to go through the lender’s evaluation process (pre-qualification/pre-approval),
3. When you go through the lender’s evaluation process (pre-qualification/pre-approval), we will be verifying and evaluating your credit, repayment ability, and available funds for closing.

When you want to buy a home your credit, repayment ability, and available funds are the areas that YOU control. A lender does not control these aspects of your financial life. Your financial habits do. These three (credit, repayment ability, and funds needed for closing) are the pillars that you build up to be in a position to purchase a home. The last two (loan program and subject property) are the aspects of the home loan process that are more of an effect of the first three pillars.

We live in an instant gratification society and want everything now, fast, and easy. The truth of the matter is, that’s not how buying a home works. Now let’s be clear, your home-buying process can and should be simple and easy. If it’s not, you’re probably working with the wrong loan officer/lender. But you should not expect it to be “instant.” It takes time to buy a home, even more so to buy a home “right.”

When you first enter the housing market to purchase a home, you may have some challenges ahead. However, if you stay focused and dedicated, you will find the right home for you and your family. By following these steps and being prepared, you can increase your chances of securing a home loan and becoming a homeowner. It’s important to be patient and diligent throughout the process, as it can take time and effort to achieve your goal of homeownership. We are here to help you every step of the way.

• This discussion was modified 10 months, 2 weeks ago by  Sapna Sharma.
• This discussion was modified 7 months, 3 weeks ago by  Sapna Sharma.
• This discussion was modified 7 months, 1 week ago by  Sapna Sharma.
• This discussion was modified 6 months, 4 weeks ago by  Sapna Sharma.
• This discussion was modified 1 month, 2 weeks ago by  Sapna Sharma.
• This discussion was modified 1 month, 1 week ago by  Sapna Sharma.

Any car people know what types of classic or exotic cars are great investments?

Before we dive in, we want you to know that this blog took considerable effort to bring you. We’ve worked hard to present this housing investment scheme for you all.

Now, let’s talk about the NDIS Housing Scheme and whether it’s a smart investment in 2024.

What is NDIS Property Investment?

Investing in NDIS property involves purchasing or developing homes for NDIS participants with significant care needs. The term “Specialist Disability Accommodation” (SDA) refers to these homes, which are designed to meet various tenants’ needs. Here are the four main types:

1. Enhanced Quality of Life: Designed for those with intellectual, cognitive, or sensory difficulties.
2. Robust: Features are incredibly durable to ensure the safety of both residents and their caretakers.
3. Fully Accessible: Intended for renters with physical disabilities.
4. High Physical Support: For those with the greatest degree of physical disabilities, including features like voice control technologies and ceiling hoists.

Each type of SDA must adhere to strict architectural guidelines and provide amenities that enhance the quality of life for tenants and their caregivers.

Benefits of Investing in NDIS Properties

Investing in NDIS (SDA) properties can yield several advantages:

1. Capital Growth: The potential for property value to increase over time.
2. Regular Rental Income: Consistent rental income can help repay your home loan.
3. Tax Deductions: You can deduct Investment property taxes from your total tax liability.

Additionally, NDIS property investment offers unique benefits:

• High Demand: Due to a shortage of NDIS properties, especially in many Australian regions, there is potential for greater capital growth.
• Government-Guaranteed Income: Once you find a tenant, you can expect long-term, stable income funded by their NDIS package.
• Higher Rental Returns: Double-digit returns are common due to high demand and government subsidies.
• Social Impact: Beyond financial gain, you’ll be improving the standard of living for individuals with disabilities, contributing to the community.

Conducting Due Diligence

Just like any investment, NDIS housing requires thorough due diligence. Here’s what to consider:

1. Market Research: Investigate local market demand for SDA housing. Focus on areas with a shortage of certified NDIS homes.
2. Regulatory Knowledge: Familiarize yourself with NDIS investment property guidelines and regulations.

How to Purchase NDIS Investment Property

Here are some tips to help you purchase an NDIS property:

1. Research Growth & Market Rents: Understand the supply and demand dynamics of NDIS properties in different locations.
2. Consult a Specialist: Work with a specialist real estate agent approved by the NDIS to find suitable listings and get guidance on laws, construction specifications, and financing.
3. Buy Off the Plan: Ensure the property meets NDIS accessibility measures and be prepared for possible construction delays.
4. Secure the Right Finance: Look for specialized NDIS property loans, but be ready for larger deposits (30–35% at times).
5. Choose Location Wisely: Make sure the property is in a location that allows residents to engage actively in community life.

Risks & Considerations

Investing in NDIS properties comes with its own set of challenges:

• Limited Market: NDIS properties may not attract enough lenders for funding.
• Lower Loan to Value Ratio (LVR): Lenders’ mortgage insurance is not available, and lenders may only provide up to 80% of the property’s worth.
• Lower Property Valuation: Custom-built homes may be valued lower than the contract price.
• Rental Income Estimation: Lenders may not fully recognize the higher rental income potential of NDIS properties, affecting loan approvals.

Is NDIS Investment Housing a Good Investment?

Purchasing an NDIS home offers a unique opportunity with both social and financial rewards. It’s important to thoroughly evaluate NDIS housing requirements and perform due diligence. With proper management, NDIS housing can be a profitable addition to your investment portfolio.

A Win-Win Scenario

Investing in SDA benefits both investors and NDIS participants. Participants get specially designed, secure, and comfortable homes that meet their needs, while investors receive substantial returns backed by the government. SDA housing combines strong social and ethical goals with the potential for a gross return on investment of up to 15%.

Need More Information?

If you have any concerns or need more information about property taxes and investment, feel free to contact.

Next, we will address frequently asked questions such as:

• Can housing be assisted by NDIS?
• How much funding does the NDIS need?
• Can the NDIS rent the house?
• Is it wise to invest in NDIS housing?

Thank you… That was all about NDIS.

Debt-to-Income ratios is the most important factor besides credit scores when it comes to qualifying and getting approved for government or conventional mortgage loans. Debt-to-income ratios determine the borrower’s ability to repay their mortgage loan. Here is an easy to read guide about debt-to-income ratios

FHA Debt-To-Income Ratio Requirements

https://gustancho.com/fha-debt-to-income-ratio-requirements/

gustancho.com

FHA Debt-To-Income Ratio Requirements

FHA Debt-To-Income Ratio Requirements is 46.9% front and 56.9% back-end on AUS-approved. 40 front and 50 back-end on manual underwrites.

A slice of New York pizza should be folded so you can walk with it. If the oil is not dripping down your arm you are eating a slice of New York. This is a real slice!

My parents weren’t that strict when I was growing up. Nowadays when a child is acting up the parents respond, “ He only acting out to find himself, his inner being and eternal soul.” If that were my mother of father that would slap me up side my head to realign my karma, chakra and aura in two seconds.

There are several tools which can detect AI generated content like Quiltbot, Gptzero and AI text classifier etc. Google prefers Human content instead of AI generated content.

We can easily detect content generated via AI.

Here is one tool link for testing-

https://quillbot.com/ai-content-detector.

To overcome this there is a tool which converts AI generated content into humanized form so AI content detectors tool can not identify. You just have to put Ai generated content into it and it will convert it to humanize form.

Note:- check plagiarism again after converting content to form AI to Humanize form

Here is the tool link :-

https://bypass.hix.ai/

If you are going to live in the mountains, you must learn a few things to survive. I lived in Lake Tahoe in the Sierras for nine years, one of the most beautiful places in the world. It’s a continuous battle with nature. Moving to an area where wildlife rules, one must adapt to their surroundings. The bears and coyotes have been there forever, and we are the trespassers. Snow can appear ten months out of the year. The only month it didn’t really snow at Lake Tahoe was in July. I camped at Eagle Lake in July at almost a 10,000 foot elevation. I woke one morning to 6 inches of snow which melted quickly. I was the snow-plow king of my neighborhood. There weren’t many neighbors living out in the country, in fact, my street was the last for the city to plow. If you live out that far, you must depend on yourself to survive, hence, a four-wheel drive Jeep with massive studded snow tires.

Firewood was a big deal; I hated buying wood. So I decided to drop pine trees for my neighbors; I was allowed to chop any tree 6 inches or less in diameter. After dropping the trees, I would bundle them up and store the dry rounds for the next year. I would need at least two cords a year. One year I stacked the wood too close to the house only to discover the mice preferred wood piles in the winter; I ended catching eighteen mice that year.

Coyotes, by far, are the smartest of all creatures! When I would come across a coyote in the forest, I would stand my ground and yell. The coyote would back up a few feet only to turn around and glare at me to see if I were serious. I never had a problem with them, though.

One day, at my kids bus stop, I saw a white wolf, an amazingly beautiful creature. Black bears were everywhere! When I first moved there, I spotted a bear cub in a tree, which means mamma bear is close by. I am certain the same cub would visit my dog and me; I could tell by the bears’ chest blazing as a way to identify bears. I’d be splitting wood, and the bear would come by the wrought iron fence and peer in. My dog would be nose to nose with the bear. If they ever learned to use their thumbs, we would most certainly be in trouble. They can open a car door or jar of peanut butter. They thought humans kept their food in ice coolers, so they would break into your car for the coolers. One night, my New York City sister visited with her friend and stayed at the cabin across the street. When I walked her home late that night, a bear walked right past us; we felt and sensed his whoosh! You can smell a bear if they’re that close.

If you are hiking and encounter a bear or a coyote, do not run because they will think you are prey. Stand your ground, try to make yourself bigger, wave your arms, act crazy, and they will go their own way. They do not want confrontation. Bears climb trees, and they will only try to enter your tent if you have food inside. Most campgrounds have bear bins which are metal with latches for food storage. They have learned to adapt to us humans and how to pilfer our foodstuffs. We have to try to adapt to them because they were here first.

When I lived in Sonoma County, I was an amateur winemaker. I decided to travel down to Apple Valley, about 60 miles south, to purchase some grapes. I trucked them back to Tahoe to begin the process. The grapes were crushed, and fermentation was starting. The bears arrived and tore through my wooded fence to enjoy the grapes that very first night. I heard the crashing of the fence and bounded outside just in the nick of time to save my wine. I moved the grapes to a friend’s house the next day. Who knew, grape jelly, bears?

Garbage is a great temptation for bears; you just can’t leave your garbage can out all the time. If you do, they will party every night. What you need is a 600-pound bear bin that is set in cement with rebar. I purchased one for $800 but before I able to cement and rebar, the bears arrived and pushed it over. They knew that food came in these bins. The next day cement and rebar were installed, and before the cement settled, the bears came by again and pushed it over. They knew which were the garbage nights, and they would continue push over the bin. I tried motion lights, anything I could think of to deter the bears. Finally, I decided to think like a bear. Every night when the sun went down, I would urinated around the perimeter of the bear bin. Viola! It worked; no more bears in my garbage. They respected my scent and moved on. I adopted to their lifestyle. Just don’t let the neighbors catch you!!

Baseball and sports.

I am a baseball fan a Yankee fan for life. I grew up in the days of Mickey Mantle during the sixties. Of course, I played football and lots of basketball. I didn’t play hockey, but my wife being a huge hockey fan, I had no choice but to cheer her team on. Out all the afore mentioned sports, baseball is the only one to start on time. The only game with a clock keeping time, starts on time. First pitch is 1:04 for a day game,you could set Big Ben by the start of a baseball game. Football kick-off 3:20. No way! There first must be a half dozen commercials to air. Basketball same thing 7:20 tip off, not even close! Ads, ads, and ads.

Baseball just ticks away slowly, some call it the game for intelligent people. Like chess it moved slowly, watching a chess game is as boring as siting in the nose bleed bleachers in a baseball game without a radio. You can’t see the game or hear the game. Don’t keep started on watching golf or bowling!

Penalties in sports, sorta not fair. Kicking dirt on an umpire in baseball, you get throw out of the game. Fist fight in a basketball game, suspended two weeks, excessive brut force in football, four game suspension. Hockey all blown out boxing match with blood oozing. Two minutes in the penal box, next period you do it again.

Here is the song Surrender from Cheap Trick

https://www.youtube.com/watch?v=T_Km11HNzUY

RIP Former First Lady Roselyn Carter. May you Rest in Piece 🙏

https://www.facebook.com/share/v/exuaRicjADEvtRdb/?mibextid=7F9bzA&startTimeMs=11284

facebook.com

Log into Facebook

Log into Facebook to start sharing and connecting with your friends, family, and people you know.