Investors in cash flows find them to be high-yielding investments. Notes, also called cash flows, income streams, debt instruments or paper, are thought by many to be limited to discounted seller carryback mortgages. Today, however, the terms mean much more. Not only are smart money managers investing in and brokering discounted seller carryback mortgages, trust …
Three months before the elections, rumors are running wild from Washington to Wall Street that the Obama administration is about to order government-controlled lenders Fannie Mae and Freddie Mac to forgive a portion of the mortgage debt of millions of Americans who owe more than what their homes are worth. An estimated 15 million U.S. …
By Lonnie Scruggs If you’re running short of money, maybe it’s because you’re not asking enough questions: Especially when it comes to asking for discounts when you buy something. It’s amazing what results you can get sometimes by simply asking a question. Let me explain what I mean by sharing several actual case histories with …
If you are considering selling a business or cash flow investment property in the new few years be aware of a new tax change that might affect you. A new tax will go into effect January 1, 2013, for individuals earning $200,000+ annually, or $250,000+ for couples. This is especially important for those using the …
People are now using the concepts explained in Lonnie Scruggs’ “Deals On Wheels” to buy houses that have dropped in value and resell them! Learn more here: http://store.papersourceonline.com/deals-on-wheels-2/
Letter from my wife Alison 7/15/10: I’m in Mexico right now, Cozumel, and have been asking locals .. waiters, clerks, etc.. what they think of the new Arizona immigration law. They all know about it, and think it’s terrible — mean to poor people just trying to make a living. When I point out to …
Marketing your cash flow note services does not have to be a big complex project. In fact, many of the most effective methods rely far more on persistence than creativity or strategy. Something as simple as telling people what you do can have a huge impact on your dealflow. Many cash flow brokers make the …
On June 29 US Rep. Barney Frank, chairman of the House Committee on Financial Services, and Sen. Chris Dodd, chairman of the Senate Banking Committee, signed off on allowing three carrybacks per year under the SAFE Act without a license. This according to Sam Whitfield of the National Assn. of Realtors. See Seller Financing letter …
by Doug Foster Commissioner Texas Department of Savings and Mortgage Lending I am fully supportive of a return to Texas law prior to being preempted by the SAFE Act. The statute Texas FINANCE CODE CHAPTER 156. MORTGAGE BROKERS SUBCHAPTER A. GENERAL PROVISIONS § 156.202. EXEMPTION (3) and the rule TITLE 7 PART 4 Chapter 80 …
TX Mortgage Commissioner Sets The Record Straight On The SAFE Act Read More »
“I can make a firm pledge. Under my plan, no family making less than $250,000 a year will see any form of tax increase. Not your income tax, not your payroll tax, not your capital gains taxes, not any of your taxes… You will not see any of your taxes increase one single dime.” — …
Six Months to Go Until The Largest Tax Hikes in History Read More »
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