W. J. Mencarow

Depositing Cash Can Make You A Criminal

If you make several cash deposits of less than $10,000 you can be presumed guilty of money laundering or drug trafficking and your assets can be seized — without a trial. Lyndon McClellan owns and operates L & M Convenience Mart in Fairmont, NC. One day last July more than a dozen federal, state and local law enforcement agents swarmed his business, …

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Urban Institute: Private Investors In NPNs Help Borrowers More Than Govt.

A new report from the Urban Institute says that selling non-performing notes to private investors is a good thing — that they “can do more for borrowers” than the government by helping borrowers avoid foreclosure. Many if not most investors buy NPNs to restructure the note for high yields, not to foreclose.  The Paper Source Note Symposium will …

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7 Keys To Land Notes

Remember my New Year's gift to you: a coupon code that will save you $50.00 on the Paper Source Note Symposium April 28-30 in Las Vegas.  Go to www.PaperSourceSeminars.com — click on the Register Now button and enter newyeardiscount in the coupon code box.  Hurry — it expires soon! — Bill Mencarow, The Paper Source, Inc.   7 Keys …

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Christmas Present From HUD: Half-Price Homes

Spread the word to your teacher, police officer, firefighter, and emergency medical clients: There’s a program that they can use to buy homes at half the cost. The Department of Housing and Urban Development’s (HUD) sponsored-housing program called Good Neighbor Next Door is a little publicized program that allows police officers, teachers, firefighters, and emergency …

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Ginnie Mae’s Books Can’t Be Audited

The government watchdog says it can’t audit billions of dollars in Department of Housing and Urban Development (HUD) funds that are unaccounted for — which includes Ginnie Mae (the Government National Mortgage Assn.) — because the books are a total mess. They are missing records, are inaccurate and sometimes even violated federal laws, according to …

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The Cash Flow Event Of The Year! Las Vegas April 28-30, 2016

PaperSourceSeminars.com Profit from little-known high-yield cashflows at PaperSource Note Symposium Vegas April 28-30. LEARN to buy and/or broker cash flows you never knew existed. CREATE multiple streams of income and new profit centers. CONSULT PRIVATELY with the teachers one-on-one — no extra charge. MEET the major investors, servicers, IRA experts, hedge funds and more NETWORK …

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1031’s Under Attack…Black Friday Sale Now For The Note Symposium

Learn from the nation's experts in buying or brokering real estate notes (performing & non-performing) and little-known, high-yielding cash flows at the Paper Source Note Symposium in Las Vegas.   Bonuses:  Personal consultations at no charge, elegant open bar receptions, white tablecloth luncheons, networking, networking, networking! As always, NO SALES PITCHES.  BLACK FRIDAY SALE ON …

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