This week, I'd like to share with you a few of our true-life success stories. We hope these stories will illustrate the power of the cash flow industry and what it can do for you. All of these scenarios are factual, but we will not use the real names of those involved, in order to protect their privacy.

Betty came to us very frustrated. She had been trying to sell her home for some time, but her home was non-conforming and she was finding it difficult to find a bank or lender who would extend a loan to buyers interested in her property. She contacted us asking what she could do. She needed to sell her property for personal reasons and was quickly running out of time. She also needed a decent amount of cash up front in exchange for the sale. The solution we came up was to have her offer owner financing to her prospective buyers. Within two weeks, she had located a qualified buyer who was thrilled with the idea of not having to deal with bank financing. Betty proceeded to close escrow on her home and sold a large portion of the resulting cash flow note upon creation (called a simultaneous close) in order to raise the funds she needed. Because she liked the idea of collecting monthly payments and did not need to cash in the entire cash flow note to cover her cash flow needs, she elected to sell only part of the note. She received a large check, which was sufficient to provide the money she needed immediately, and continues to collect small monthly payments at this time. She is now quite happy, has been able to take care of her financial obligations, and enjoys having the extra cash flow every month.

Our second story involves John, who was the owner of a small business (a local restaurant/pub). John was approaching retirement age and interested in selling his business. Specifically, he wanted to sell his business to a loyal, long-term employee who had expressed an interest in buying the business. John liked the idea of the business continuing under the leadership of someone he had personally trained to the business, someone he knew and trusted. The problem was that his employee could not obtain a loan in an amount sufficient to cover the entire purchase price. The answer: an owner-financed note covering the remainder of the purchase price. In this situation, the owner financed note is in second position (a second mortgage), with the bank note in first position (a first mortgage). We helped John arrange a second position note in a proper ratio to the first note so that he could sell the note at some point in the future, if he chooses. At the current time, John has sold his restaurant to his employee and is helping out there as a cook on a part-time basis. He now has more time to spend with his family and friends, and seems to be enjoying his semi-retirement. He is unsure whether he will keep the second mortgage and continue to receive the payments, or will decide to sell the note at some point in the future.

Our third, and last story, is about Jennifer. Jennifer was seriously injured in a car accident several years ago and received a structured settlement as a result. She was receiving small monthly payments from the structured settlement, but she had need for some personal items which she did not have the funds to purchase immediately. Specifically, she needed a car to get her back and forth, and she needed some new small appliances for her home. Her monthly income simply wasn't enough to allow for the purchase of these items without some help. She just couldn't seem to save enough from her monthly allowance to be able to purchase the items she needed. Our answer to Jennifer's problem was selling a small portion of her structured settlement to raise the money she needed. Because she did not need to sell the entire settlement, she still receives monthly payments on it, enough to cover her expenses.  Within 2 two years, the amount of the monthly payment she is receiving from the structured settlement will increase to its previous level again. And Jennifer was able to purchase the items she needed with the funds we helped her raise.

We hope that these stories help explain what our company (First Class Cash Flow Handlers) does and how we might be able to help you, if you are currently receiving payments on a cash flow note or need to sell a property. If you have any questions, please contact us at 401-258-7158.