Gustan Cho
Loan OfficerMy Favorite Discussions
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I’m looking for a business model (investing in real estate in Chicago area). I would like to find a way to buy condos in a place where I will pay less for them and rent for more. It would be good to find a map with Property Price -> Renting Price relationships. I know that my friend used to buy a single-family home in Burbank for $80,000 and remodeled for $40,000, sold for $180,000. But I think there are better options there.
I’m in the process of a FHA Streamline Refinance, and the loan officer is requesting all these documents: W2’s, bank statements, pay stubs, etc., plus he’s pulled a credit check. Is this normal and required?
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Have a file that has only 2 tradelines installment credit that were opened in the last 6 months. Would it help strengthen file to open a secured credit card? Even thou have DU approval it worries me being modlar home. With no long history of credit.
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What is 100% Unsecured Business Loans For Small Business Owners? How does unsecured business loans work? What are the eligibility requirements and guidelines on unsecured business funding? How hard is it to get an unsecured business loan? What is the lending process on unsecured business loans? What is the step by step process on unsecured business funding? What are the types of small businesses that can benefit from small business unsecured funding?
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How is stock allocated in an ESOP plan?
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This discussion was modified 1 year, 7 months ago by
Gustan Cho.
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This discussion was modified 1 year, 7 months ago by
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What are the tax benefits of an ESOP in the USA?
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This discussion was modified 1 year, 7 months ago by
Sapna Sharma.
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This discussion was modified 1 year, 7 months ago by
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How does GoFundMe work?
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This discussion was modified 1 year, 7 months ago by
Caleb Clark.
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This discussion was modified 1 year, 7 months ago by
Sapna Sharma.
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This discussion was modified 1 year, 7 months ago by
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What are the fees for using GoFundMe? HOW DOES GO FUND ME WORK? CAN YOU PLEASE EXPLAIN IN DETAIL STEP BY STEP ON HOW TO SET UP A GO FUND ME ACCOUNT? HOW MUCH DOES GO FUND ME TAKE ON A $100 DONATION? DOES GO FUND ME CHARGE FEES FOR NON-FOR PROFITS? DO YOU HAVE TO PAY TAXES ON MONEY DONATED THROUGH GO FUND ME?
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This discussion was modified 1 year, 7 months ago by
Gustan Cho.
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This discussion was modified 1 year, 7 months ago by
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How Does Investing in Classic, Exotic, Vintage, Sports, and Rare cars work? CAN YOU MAKE MONEY INVESTING IN CLASSIC, EXOTIC, AND RARE CARS. HAVE A HOBBY AND AT THE SAME TIME YOUR INVESTMENT APPRECIATES. It is a win-win here. I am a car enthusiast and if investing in cars or flipping cars is lucrative, I want to start this dream hobby of mine and work smart with my hard earned investment dollars.
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This discussion was modified 1 year, 7 months ago by
Gustan Cho.
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This discussion was modified 1 year, 7 months ago by
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Does anyone know what non-qm lender can do a Cash-Out Refinance in Texas to buy out Chapter 13 Bankruptcy? The borrower has a VA loan now and would like to do a VA cash-out Refinance, but Texas has those crazy rules: you cannot do cash-output Refinance on government loans. Thank you.
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My husband has outstanding collection accounts. Over 95 percent outstanding collection accounts on his credit report are medical collections. We have spoken to several mortgage companies and they said the medical collections need to be paid off because they treat medical collections the same as non-medical collections. These medical collections is what is keeping his score low and therefore they turn us away and reccomend debt consolidation companies to us. I have read FHA loans treat medical collections differently and so far I find it untrue. What is true in this case? I am beyond frustrated by this. It is cheaper to have a mortgage than rent in my area and it’s time for us to buy but we have this barrier.
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This discussion was modified 1 year, 7 months ago by
Gustan Cho.
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This discussion was modified 1 year, 7 months ago by
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What types of mortgage loans are one-time close loans? Do they have FHA, VA, USDA, and Conventional OTC Loans or are OTC loans portfolio or non-QM loans? How do One-Time-Close Loans work? How to decide between a One-Time Close or just a regular conventional loan?”
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This discussion was modified 1 year, 7 months ago by
Gustan Cho.
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This discussion was modified 1 year, 7 months ago by
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Can I qualify for an FHA loan after filing bankruptcy?
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This discussion was modified 1 year, 7 months ago by
Sapna Sharma.
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This discussion was modified 1 year, 7 months ago by
Sapna Sharma.
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This discussion was modified 1 year, 7 months ago by
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Most Americans are aware that many people from different walks of life hate former President Donald Trump. I have never witnessed the hatred people can have against one person. I will try to keep the tone of this post as objective and neutral as possible and base the content on FACTS. I want to compare which candidate is the best leader as President to be the Commander in Chief of the United States. Suppose you can focus on facts and comment on which candidate will be the best President in the best interest of America and the people of the United States so we remain the leader of the free world 🌎. In that case, we can Unite our country and get back to being Americans with one goal in mind: What’s best for our livelihood, the livelihood of our children, the livelihood of our grandchildren, and the livelihood of our future generations? The way our country is divided and the hatred that exists is not healthy. It’s more of a crisis and equivalent of stage 4 cancer. More and more Americans are beginning to speak out and not remain silent. Nobody is above the law. Not Trump, Not Biden, Not Kamala Harris. We don’t have to like or love Trump. However, take a step back and compare Joe Biden, Kamala Harris, and Donald Trump. Who is the best man for the job? Who’s the man who can get us out of the rathole we are in? Who is the man who can get rid of the lying, corrupt, and politically infested system that is destroying America 🇺🇸? Let’s get a thread on your thoughts and opinions on making America a country that the entire World would envy. Let’s brainstorm and become a country of the people. A country of honesty, integrity, pride, honor, and the country helping and caring for people. Let’s decimate corruption, fraud, Treason, and criminals who commit crimes against humanity.
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