If you have opened a newspaper or turned on the news in the last year or two, you may very well have noticed that there is a level of financial uncertainty relative to the mortgage industry. Many enterprising individuals remember that historically every downturn in the economy leads to an upturn and that the change in general financial climate can lead entrepreneurs to new economic opportunities. Market changes provide entrepreneurial opportunity, be it in a bear or a bull market, a strengthening or weakening national economy. Being entrepreneurial yourself, you may very well be looking at the mortgage industry and trying to discern if there is a chance you can find some way to leverage your skills and ability to generate new revenue streams.
Does this sound like you? If so, you may want to look at a unique niche of the mortgage industry by working with privately held cash flows. What's a privately held cash flow? In a nutshell, most homes are bought using borrowed money from banks and other financial institutions. This is not the only place financing can be found, however. Often, private individuals will actually carry the financing of the sale. In this scenario the home buyer then makes scheduled payments to this private party instead of to the bank.
The private note holder then holds “paper” which is secured by the property purchased. Once the agreed upon terms have been met, that “paper holder” relinquishes all rights to the property and the buyer of the home will own the home free and clear. The system can work well for everyone involved. The buyer of the house may get into a home they would not have qualified for under bank requirements due to poor credit or some other reason. The person financing the home will receive payments over a period of time that could equal out to a much higher dollar amount than would have been possible when receiving the sales price value all up front.
This particular private financing is becoming more common as financial institutions tighten lending requirements while recovering from the current sub-prime debacle. How can you get involved? If you have very deep pockets, you may become interested in purchasing the right to hold the financing. While banks often bundle portfolios of mortgages together and sell them to other banks, similar things occur on a daily basis in private financing as well. Note holders may sell their notes for the same reasons banks do, to generate liquid for reinvestment
Purchasing liens secured by property can be a costly enterprise, but even people with shallow pockets can find potential gain in the private cash flow industry. There are note holders that may want or need to sell their notes, and there are potential investors looking for an opportunity. How to bridge the distances and understanding between the parties? A unique group of people who call themselves “note finders.” Note finders find, inform and potentially bring together note holders and note buyers, and receive a fee for their service. The finder helps the holder get liquid capital today, while helping the buyer to invest where the buyer sees benefit. A note finder helps people and gets paid for it, while performing in a unique and lucrative niche in the mortgage industry. Not a bad place to find gain in an economy that is suffering over all!
In The Cash Flow Business
Well of course she does...reality is that cats meow and dogs bark and no amount of wishing on my part will change the reality of what is. And yet although this may seem obvious, how many times in a day do we have thoughts which oppose the reality of what is.
For example, the weather should be better; the queues at the checkout should be shorter; the traffic should move faster; the neighbours should be quieter; things should be cheaper; people should be more considerate....and the list goes on and on.
Resisting the reality of what is, is as crazy as trying to get my cat to bark. It won't happen. What is ..is, period. And why is this important? It's important because all suffering is caused by wanting reality to be different than it is. The Truth is no amount of thinking or worrying can change what is. When your thoughts argue with reality, you suffer....but only 100% of the time!
Let's take a broader, larger perspective. You see something on the news or read something in the paper that upsets you. Using whatever reasons you have, you think this person or thing is bad and shouldn't have happened. As a result you suffer. But consider the bigger picture. In this infinite universe, All That Is, The Creator, Universal Intelligence or whatever name you prefer has given "life" to this "event". It exists, it's what is. But we come along with our private thoughts and individual perspective of the world and say what is, what exists in the universe, is wrong and should not be. The Real universe says it is valid, it exists, but we say the universe is wrong. What exists should not exist.
Now it's important to understand that what I'm talking about here has absolutely nothing to do with right or wrong or condoning or approving what is. These are judgment views anyway. What I'm talking about is the mental anguish that is caused every time you oppose or argue with reality. What is ..is. And the truth is that for everything you think is wrong and shouldn't have happened, someone else out there thinks it's right and it should have happened.
And let's turn this around. Have you ever done anything or said something which someone else thought was wrong. If you're like most people the answer is probably yes. So here you are existing and expressing the fullness of who you really are in this moment and someone else, with their own private view of the world, including how you should behave, says part of you should not be as it is, and it should not exist as reality.
So what's the answer? The answer is to upgrade what you think should or should not happen to a preference. This means that you prefer something to be a certain way like, for example, shorter queues at the checkout; less traffic on the roads; better weather; but you don't insist on it, because if you do you know you suffer.
Your power lies not in resisting "what is" but in letting "what is" be ok. This leads to a key understanding. Despite what we have been conditioned to believe, it is never the event itself, however bad you think it is, that is the true cause of your suffering. It is your resistance to it. If we stop resisting what is, the reality of the moment, which no thinking in the world can change, our suffering stops. Because however it may appear, it is not the person, event or circumstance which is causing your discomfort, but your unwillingness to accept the reality of it.
So next time you're resisting what is, just pause for a moment and think of my cat ....and it'll put you in a purrfect state of mind to be more effective in dealing with the events of your life.
Both Russell Dalbey & Peter Field are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.
Russell Dalbey has sinced written about articles on various topics from Finances, Information Technology and Public Relations. In 1995, Dalbey Education Institute founder set out to provide customers with the highest quality of wealth-building products, services and networking res. Russell Dalbey's top article generates over 12100 views. to your Favourites.
Peter Field has sinced written about articles on various topics from self improvement and motivation, Medicine. Peter Field is an author and teacher whose passion is to help people create their ideal life. His book, Lighten Your Load, has received favourable acclaim from teachers of the hit movie "The Secret". For more information about Peter's work, visit. Peter Field's top article generates over 9900 views. to your Favourites.
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