[Gustan Cho]

Silver coins are great investments. Silver prices is skyrocketing since last week and broke $30.00 and gotten as high as $32.77. However, silver is beginning to correct this past week which is understandable. Market correction happens when a commodity skyrockets. Here are some key points about investing in silver:

Types of Silver Investments:

• Physical silver (coins, bars, rounds)
• Silver ETFs (exchange-traded funds) that track silver prices
• Silver mining stocks
• Silver futures contracts

Potential Benefits:

• Diversification from other assets like stocks/bonds
• Hedge against inflation and currency devaluation
• Industrial demand for silver from technology/solar
• Relative affordability compared to gold

Risks:

• Price volatility – silver prices can swing dramatically
• Storage costs if holding physical silver
• Risks of mining companies if investing in stocks

Factors Driving Silver Prices:

• Supply and demand dynamics
• U.S. dollar strength
• Industrial usage levels
• Investment demand flows
• Trading speculation

Tips for Investing:

• Consider allocating only a small percentage (5-15%) to silver
• For physical silver, buy from reputable dealers and secure storage
• Research silver ETFs/mining stocks thoroughly
• Have an exit strategy for when to sell
• Don’t invest on fundamentals you don’t understand

While silver can make sense as a portfolio diversifier, it does carry unique risks. Many advisors recommend capping precious metals exposure and weighing the pros and cons carefully. As with any investment, do your due diligence.

https://www.youtube.com/watch?v=VJupyR2oRzo

[Gustan Cho]

Never ever seen anything like this in my lifetime and would not have believed it if I did not hear it with my own ears. Joe Biden Administration is a joke and any Biden supporters are absolute liars. They are in a state of denial, and have absolutely no shame to lie with a straight face to the American people. Starting with Biden claiming that inflation was 9% when he took office, to Janet Yellen touting that Joe Biden is the president who combated inflation like a Navy Seal, to James Cramer who keeps on preaching what inflation, and all the political cronies of Biden. Just unbelieveable crooks. These lying POS gremlins need to be impeached, and tried for being enemy of state and lying to the American people. Biden did not create jobs. He did absolutely nothing to benefit America.

https://www.youtube.com/watch?v=d3Mtv4-6OPs

[Gustan Cho]

Great info and advice @MortgageSensei

[Gustan Cho]

@Peter.gun

Only a HUD-APPROVED FHA 203k General Contractor can do the work on FHA 203k loans. A HUD-approved FHA 203(k) contractor is a renovation contractor that has been vetted and approved by the U.S. Department of Housing and Urban Development (HUD) to work on home renovation projects utilizing the FHA 203(k) loan program.

To become a HUD-approved 203(k) contractor, companies must meet certain requirements set by HUD, including:

1. Licensing: The contractor must be licensed and insured for the type of renovation work they perform in the state where the property is located.
2. Experience: They must demonstrate sufficient experience in home renovation and construction work, usually by providing examples of previous projects.
3. Financial Stability: Contractors have to show they are financially stable businesses able to take on and complete renovation jobs.
4. Good Standing: They cannot have any outstanding judgments, liens, or be involved in ongoing disputes related to construction defects or poor workmanship.
5. Education: Key personnel like project managers may need specific education/certifications related to renovation lending programs.
6. Application: Contractors submit an application to HUD providing documentation to verify they meet the approval criteria.

Once approved by HUD, 203(k) contractors gain access to bid on and get hired for renovation projects funded through FHA 203(k) rehabilitation mortgages. Homebuyers are required to use a HUD-approved 203(k) contractor.

Maintaining HUD contractor approval involves continuing to meet requirements, providing periodic updates, and following all 203(k) program rules for each project. HUD can remove contractors from the approved list for violations.

https://gustancho.com/hud-fha-203k-loans-manual-underwriting-guidelines/

gustancho.com

HUD FHA 203K Loans Manual Underwriting Guidelines

HUD FHA 203K Loans Manual Underwriting Guidelines allow manual underwriting 203k loans on Chapter 13 Bankruptcy on manual underwrites.

[Gustan Cho]

I used to love reading. The problem with reading is once I start reading an interested book, I cannot stop. I will read it all day and night until finished. And if I stop reading all the way through, I get preoccupied thinking of the book that nothing gets done. Addictive behavior.

[Gustan Cho]

Danny Vesokie, President of Affiliated Financial Partners, has a turn key fast-track streamlined business and commercial loan officer training program for those who want to start a career in your own commercial and business lending broker career. Starting a career as an independent commercial loan officer can be challenging, but here are some typical steps to consider:

2. Get the right education and credentials, which Danny Vesokie of Affiliated Financial Partners can assist and help.
3. Obtain any licenses required in your state for loan officers/mortgage brokers if you want to originate residential mortgage loans.
4. Gain experience at a bank/lender which Danny Vesokie of Affiliated Financial Partners can help you get hired with the residential and commercial lender or broker that is best suited with your goals and business model.
5. It’s very difficult to start out independently without prior underwriting experience
6. Work for several years as a commercial loan officer at a bank to learn the ropes
7. Build up your skills in financial analysis, loan products, regulations, etc.

6. Develop a business plan and secure funding:
7. Map out your target markets, marketing strategies, funding sources, fees, etc.
8. You’ll need capital to cover costs until you build up a book of business
9. Consider a small business loan, investors or using your own savings
10. Establish relationships with investors/lenders:
11. As an independent, you’ll need to broker loans to institutional investors
12. Build connections with credit unions, banks, specialty lenders to fund deals
13. Understand their lending criteria and commission structures
14. Get proper licensing, insurance, compliance:
15. Research required licenses for operating as a mortgage broker in your state
16. Obtain necessary business insurance, bond, compliance procedures
17. Market yourself and build a client base:
18. Network with real estate professionals, small businesses in your area
19. Promote your services through a website, advertising, referral partners
20. Cold calling/emailing to potential commercial borrowers

The key is having several years of direct commercial lending experience before going independent. This allows you to develop skills, build a portfolio, and make lender connections. Starting an independent firm requires capital and the right strategic planning.

[Gustan Cho]

Here’s Self.Inc Credit Rebuilder link

https://www.self.inc/

And here’s Capital One Platinum Secured Credit Card https://www.capitalone.com/credit-cards/platinum-secured/

self.inc

Credit Builder: Build Credit & Add to Your Savings with Self

Build your credit with Self's Credit Builder Account & secured Self Visa® Credit Card. Ideal for credit building, no hard check, & reports to all three bureaus.

[Gustan Cho]

Sapna, do I need to add text? Also can you please post all of our websites including viral website developers.

https://gcaforums.com/business/gustan-cho-associates/

[Gustan Cho]

Good afternoon, Jason. The All-in-One dual task CRM rolled out and is operational. I will have @sapna Sapna, @Ravi Ravinder, and @marga Marga explain at what stage the AIO CRM is at. How it works is any loan officers who are tied and works for GCA branch, the basic CRM system is at no charge. Anyone who is sponsored by a loan officer of GCA, the CRM system is at a nominal cost. Outside loan officers, realtors, and business owner who are active participation members of the forum, it will be discounted on the the AIO CRM systems as well as optional features. The CRM system is the main focal point and will have additional options such as business directory, classified ads, reviews and testimonials, landing pages, custom website (Viral Website Developers will customize organic SEO lead generating websites for loan officers, realtors, and business owners for a nominal annual contract with optional features such as Google Ads, and social media ad campaigns, direct email marketing, mailers, and other local SEO targeted tools. The AIO CRM and options can be hosted on a private servier and maintained by Viral Website Developers and is available to all members and sponsored members of GCA Mortgage Forums and business directory partners and and will have the following capabilities:

1. mass email digital media marketing capabilities

2. text marketing

3. Newsletters

4. Social media platforms

5. Local SEO organic traffic capabilities

6. Creation of social media platforms: YouTube Channel, Rumble, Twitter, Instagram, Podcasts, Facebook page, and other customized services.

If you have any questions, please email or contact Sapna Sharma and Marga Jurilla

Sapna sapna@gustancho.com

Marga marga@gustancho.com