What is Federal Income Tax?

My landlord asked me to lie, say he is living in a four unit multi-family home I am renting from him. However, the landlord does not live on the four-unit multi family home I am living but owns the property. My landlord does have an extra mail slot in here and gets his mail here addressed from USD. Do you think that I should report him or just leave well enough alone. My landlord even told me if anyone comes to the building inquiring about him living here to tell them that he lives here. I do not feel comfortable lying and covering for him. He seems like a nice guy but he seems shady from what I think is that he is committing occupancy fraud?

My spouse have a sealed theft conviction will this prevent her from getting a LO license?

How long does Commercial Loan Officer training usually take?

What are the pre-licensing education requirements for mortgage lenders?

Who are the most influential fashion designers in the USA?

What are the major themes in American literature?

How do you want to spend your retirement years?

How can foreign nationals apply for jobs in the U.S.?

What types of property can NRIs buy in any country?

I built my last start up 14 years ago and I am rusty. I am building credit for a new startup now. Company was formed 4 years ago and was in hybernation. I am making it come alive and start operations now. My questions

Traditional Business Credit building suggests to start with Net 30 accounts. Right now I have 3 charge accounts that are going to start reporting. I possibly can get 2 more charge accounts.

Should I go back and try to get 2 or 3 net 30 accounts or should I just pass the stage of net 30 accounts and move on?

How many tradelines need to be reporting and how many months before we start seeing the scores and paydex calculated and reported?

I have seen so many cases where home builders will offer seller or builder’s concession towards closing costs of $10,000 or more only if the homebuyer uses the home builder’s preferred mortgage lender. If the homebuyer uses the buyer’s own mortgage lender and loan officer, the home builder will not offer any seller concession towards closing costs. To up the ante, the home builder also will offer incenstives such as upgrades to homebuyers who use the home builder’s preferred lender. Isn’t this illegal? Isn’t this a case of steering? Why isn’t the CFPB, HUD, and state and federal mortgage regulators jumping in on this. I am sure the preferred lender is giving the home builder a kickback which is an absolute violation of RESPA and mortgage fraud. I archived this article about Home Builders Steering Buyers To Builder’s Preferred Lenders and I suggest you folks read it and save it on your archives. I use it for reference.

https://gcamortgage.com/preferred-lenders-steered-by-builders/

gcamortgage.com

Should I Use Preferred Lenders Steered By Builders

Homebuyers who go with preferred lenders steered by builders get incentives such as builder upgrades, closing cost credits, and upgrades

How does Proposition 19 in California work? How does the Proposition 19 Property Tax Rule Benefit Homeowners buying a new house? What are the eligibility requirements for PROP 19 in California?

HOW DO LENDERS VIEW MEDICAL COLLECTIONS?

First-time homebuyers and loan officers. Have you hear of EPM DOWN-PAYMENT ASSISTANCE PROGRAM? Equity Prime Mortgage has a forgiveable down-payment assistance program on FHA loans where the down payment of 3.5% is covered as a second mortgage but it is forgiveable after six months. What does forgiveable mean on DPA programs? Forgiveable means that after a certain period of time, if you sell the house or you refinance out of the FHA EPM DPA loan, you do not have to pay the DPA loan of the 3.5% back. The maximum debt-to-income ratio is 48.99% front-end and 48.99% back-end. The EPM DOWN-PAYMENT ASSISTANCE PROGRAM is borrower paid transaction. Therefore, you need to get a 6% seller concession for you to get into a house with no money down and with no closing costs or little closing costs. In most cases, there is no down payment or closing costs. The EPM DPA Mortgage Program is availble on FHA loans in standard areas and high-cost counties like many counties in California. Here is an article I wrote about the EPM Down Payment Program. People that qualify are first-time homebuyers, homebuyers who are first-responders, teachers, veterans, and professionals in the medical field, and homebuyers who earn a certain amount of income based on their county:

https://gustancho.com/down-payment-assistance-mortgage/

gustancho.com

EPM Empowered Down Payment Assistance Mortgage Program

There are recoverable and non-recoverable Down Payment Assistance Mortgage for Homebuyers is offered at Gustan Cho Associates

If yes, then how i can get mortgage without credit score

I have always wanted to own a German Shepherd dog. We have been renting for the past ten years and are about to close on a house. We have a small family, my wife, five year old son, and two year old daughter. I have heard so many great things about owning a German Shepherd dog and how easy they are to train and how great they are as protectors. How is it like owning a German Shepherd dog for a small family like ours. Much appreciated.

How Can I Get Rid of a 30 Day Late Payment

Ever since I remember, Florida was the top favorite preferred state to relocate. Retired Americans moved to Florida to live their final days and die there. Is that still the case?

https://youtu.be/heeyfsnW9_k?si=yp74q9MnZcDZFiGg

I’m trying to create a business name that reflects my dual role as a real estate agent and mortgage loan officer in California. Since I operate individually and not as part of a team or a broker, I want to make sure the name is compliant with state regulations. Can anyone offer guidance on the legal requirements for selecting a business name in California, especially for someone providing both real estate and mortgage services?

Hello hope you’re well, have question for you. My brother was divorced but the house is in his wife name and his and the payment and deed are in both. He has 3 children will his part go to his kids.

What is an overview of India? Geography, Landscape, and Weather in India? Economy of India. Education and the best grade, high schools, junior colleges, colleges, and graduate schools in India. Tourism and Traveling in India. What are the best cities in India. What does $500 a month (U.S. Dollar) get you in India? How much does a average middle class wage earner make in India? How much is the average college graduate make in India? How is living in the United States like compared in India? How do you buy a house in India? What is the average cost of a house and how much money do you need to buy and finance a home? How does the housing and mortgage industry in the India work? How much does a car cost? How do you buy and finance a car in India?

https://www.youtube.com/watch?v=BzjnRYvtw20

We all know that tens of thousands of people are moving out to California. What are the biggest reasons people are moving out of California?

What is Ohio Housing Forecast? How are the housing prices and cost of living in Ohio? What are the average home prices in Ohio? What are home prices in Ohio compared to other states in the nation? Have home prices in Ohio skyrocketed like other states? Are people priced out of the housing market in Ohio like they are priced out of the housing market in California? Is buying a house in Ohio a good investment? How is it like to raise a family in Ohio? What are the areas with the best school district in Ohio? Is relocating to Ohio from other high taxed states a good idea? Is investing in real estate in Ohio a great idea?

There are life prolonging benefits of eating black garlic on an empty stomach. This is no witch craft or some bullshit but the REAL DEAL. Eating black garlic when you are hungry can be healthy since it has a lot of nutrients and active ingredients that support life—antioxidant features of normal garlic change when it is fermented to become black garlic. Besides, the taste also changes from hot and spicy to sweet and mild flavors. Here are some of how consuming black garlic on an empty stomach may benefit your health:

More Powerful Antioxidants

High Antioxidant Concentration: The fermentation process increases the antioxidants in black garlic. These substances help fight oxidative stress and lower the risk of chronic diseases.

Protection Against Free Radicals: Free radicals which might cause cell destruction leading to aging or different illnesses are neutralized by antioxidants.

Better Digestive System Functioning

Boosts Healthy Digestion: When taken before meals, black garlic can stimulate digestive enzyme secretion, thereby promoting proper gastrointestinal tract functioning.

Acting As A Natural Prebiotic: Black garlic contains prebiotic fibers that nourish the good bacteria in our guts, aiding digestion and improving general gut health.

Increased Immune System Response

Strengthens Immunity: Blackened cloves have immunity-enhancing properties that enable them to protect organs from infections.

Anti-Inflammatory Properties: Compounds with anti-inflammatory effects present in this type of fermented product can alleviate inflammations associated with certain chronic conditions, such as arthritis.

Heart-Friendly

Promotes Cardiovascular Wellness: Among its many functions, black cloves lower blood pressure levels and lessen cholesterol content within vessel walls, thus improving circulation around these parts, which leads to better overall cardiac health status. Therefore, adding black cloves to one’s diet would contribute towards achieving such goals.

Prevents Atherosclerosis: Plaque buildup prevention along arteries is made possible by the antioxidants contained in it, which reduce the chances of developing atherosclerotic plaques that could block blood flow supplying various body organs, like heart muscles, among others.

Anti-Cancer Effects

Possible Anti-Cancer Properties: Some research studies have proposed that blackened bulbs may possess anti-cancer properties due to the high amounts of sulfur compounds and antioxidants present.

Sugar Levels Regulation

Regulates Blood Glucose: Blackened garlic can help control sugar levels for individuals diagnosed with diabetes or at risk of developing the disease.

Detoxification Processes

Supports Liver Detoxification: This happens when toxic substances are metabolized within liver cells, leading to their subsequent elimination from the body’s system.

Weight Control Management

Facilitates Fat Burning: These cloves can enhance metabolism and reduce fat deposit accumulation, thus supporting an individual’s weight control measures.

Skin Care Improvement

Enhances Complexion Condition: The antioxidant activity and anti-inflammatory characteristics displayed by aged clove extracts might contribute to healthier-looking skin free from blemishes like acne scars, etcetera.

Wellbeing Promotion

Raises Energy Levels: Try eating roasted pieces when feeling weak or tired. They contain certain components known for increasing energy production levels in humans.

Improves Mood State: Its chemical compounds could act on brain receptors responsible for mood regulation, enhancing feelings such as happiness or pleasure and fostering overall emotional wellness.

How Do You Eat Black Garlic?

To derive maximum benefits, eat one or two bulbs after they have been peeled early in the morning before breakfast. This allows more nutrient absorption into the body while also maximizing its healthy effects on you.

In Conclusion…

Adding black cloves to your diet, especially when hungry, comes with numerous health advantages. They contain plenty of antioxidants, boost immunity, aid digestion, promote heart wellness, and improve general body functioning, making them worth considering as part of a healthy lifestyle.

https://youtu.be/tGH2-He8vb4?si=l_6orhcogZAiRRwx

• This discussion was modified 8 months, 2 weeks ago by  Gustan Cho.

Home mortgage loans for investment homes, also known as investment property loans or rental property loans, are loans specifically designed for individuals or investors looking to purchase residential properties with the intention of generating rental income or capital appreciation. These loans are different from traditional home mortgages, which are typically used to purchase a primary residence.

Here are some key points to consider when it comes to investment property loans:

1. Loan Types:

   • Conventional Loans: These are traditional mortgage loans offered by banks, credit unions, and mortgage lenders. They typically require a down payment of at least 15% to 25% and have competitive interest rates.
   • FHA Loans: The Federal Housing Administration (FHA) offers loans with lower down payment requirements (as low as 3.5%) but may have stricter qualification criteria.
   • VA Loans: Veterans and active-duty military personnel may be eligible for VA loans, which often have favorable terms, including no down payment requirement for qualifying borrowers.
   • Portfolio Loans: Some lenders offer portfolio loans that aren’t backed by government agencies. These loans may have more flexible eligibility criteria but can come with higher interest rates.

2. Down Payment:

   • Investment property loans typically require a larger down payment compared to primary residence loans. The exact amount varies but is generally between 15% and 25% of the property’s purchase price.

3. Interest Rates:

   • Interest rates for investment property loans may be slightly higher than those for primary residence loans. The rate you receive depends on factors such as your credit score, loan type, and lender.

4. Qualification:

   • Lenders will consider your credit score, debt-to-income ratio, and the potential rental income from the property when evaluating your eligibility for an investment property loan.

5. Property Type:

   • The type of property you intend to purchase can affect the loan terms. Single-family homes, multi-unit properties, and commercial properties may have different financing options and requirements.

6. Rental Income:

   • Lenders often take into account the property’s potential rental income when determining loan eligibility and terms. They may require rental income documentation, such as leases and rental history.

7. Tax Implications:

   • Owning an investment property may have tax implications, including deductions for mortgage interest, property taxes, and depreciation. Consult with a tax professional to understand the tax benefits and responsibilities associated with investment properties.

8. Property Management:

   • Managing an investment property can be time-consuming. You may need to hire a property manager or handle property management tasks yourself.

Before pursuing an investment property loan, it’s essential to conduct thorough research, assess your financial situation, and develop a solid investment strategy. Additionally, working with a knowledgeable real estate agent and a reputable lender can help you navigate the complexities of purchasing and financing investment properties.

Do we love our pets too much?

Two-thirds of the people in the United States have pets. If they all voted, they would be the majority. This is a 138 billion-dollar business with nearly 40 million pets.

We treat our pets like members of the family; we have pet spas, pedicures, jewel-studded collars, and boutique hotels disguised as kennels. They are not family; they are animals, and I am one of those pet owners.

Years ago, animals stayed outside; barnyard dogs and stray cats were everywhere. Cats came and went whenever they wanted. Now we have scientific studies and biological proof of why we love our pets. Wounded Warriors has dogs available to vets because dogs understand. A dog will love you more than they love themselves, an unconditional love found nowhere else.

The problem with pets is that they never grow up; they remain children, and we treat them as such. Your pet animals get expensive, and we spend thousands of dollars to keep them alive and healthy. We wheel them outside to do their business and think nothing of it. When do we end their misery? Do we keep them alive because of selfishness?

When you decide to get a dog, or a cat, for that matter, it is a lifelong commitment. What happens when you decide that you made a mistake? Bringing the dog back causes psychological issues; the dog feels abandoned. Fido gave all of himself to you, and you abandoned him. The dog may have a problem with trust; all they want to do is love and please you.

I have had many dogs in my life; my current dog now is 12 years old, and I have sworn to him that I will be with him until his last breath. I know he is here for me until mine.

Few more videos of Chase

I realize an investment property is a property purchased specifically to generate profit through rental income, capital gains, or resale. As a legal concept, investment property appears in securities law and business law. However, What Classifies As an Investment Property? How do I qualify for a real estate loan on an investment property? What are the steps of an investment property mortgage loan.