Each of us has a time in our lives when we need to generate extra cash fast.
by Caterina Christakos
Send Feedback to Caterina Christakos
More Details at: http://www.a1-real-estate-investing.com
Expert Tidbit
Time is a very precious and costly commodity that many of us take for granted. Few people will readily admit that large parts of our working day are wasted through countless interruptions, procrastination, and clutter. Maximize your life through minimizing what is in it by starting with these ten creative strategies for managing and organizing a more successful enterprise.
Each of us has a time in our lives when we need to generate extra cash fast. Sometimes it is for those unexpected emergencies or that long awaited vacation or maybe it’s to start up your own home business. Whatever your reasons there are proven ways of generating cash fast without taking a second job or hocking everything that you own on ebay.
If you have ever sold a home and helped the buyer with the financing then you know about mortgage notes. You may still be carrying a note against your old property. If you are receiving payments for these notes there is a fast way to get a lump sum payment for your mortgage note. You can either sell your note for a lump sum payment or sell a portion of your future payments to an investor for a discount.
This is a fast, easy way to get the capital that you need for your home business in as little as three weeks, depending on your note.
1) You get cash now.
Thousands in your hand right now can do you more good than thousands over time. You can take that money and put it into your business so that you don’t have to worry about start up capital or marketing expenses.
2) Getting the Money today will actually be worth more to you and your business than the money you will earn from the note years from now.
Let me explain:
How much did you used to pay for movie tickets ten years ago? A lot less than you do now. Let’s say you used to pay $3.50 for a movie ticket several years ago. That same $3.50 will barely pay for your popcorn today.
The money that you receive years from now will not stretch as far. If you start your business today the money will be able to pay for more marketing, web site generation and anything else you need to start your business and get it off the ground than the same amount of money will be able to get you years from now. You also won’t have to go further into debt using your credit cards to pay for incorporation, inventory and ads.
By cashing out of your mortgage note today you can receive the full benefit of your money and have cash in hand.
This strategy works for lottery payments, annuities and any other investment that you have that pays you monthly payments. There are investors out there who will buy your notes and payments for a bit of a discount. You receive your lump sum payment and they receive an investment at a discount.
Caterina Christakos is a cash flow expert and investor. To find out more about selling your mortgage note for a lump sum go to: http://www.a1-real-estate-investing.com or email Caterina at Cchrist896@aol.com
Keywords: how to get cash fast, fast cash, home business, work from home, entrepreneur, start up capital
About the Author
Caterina Christakos, Orlando Fl
cchrist896@aol.com
http://www.howtowriteachildrensbook.com
Written by Caterina Christakos (c)2001 for more writing tips check out: http://www.howtowriteachildrensbook.com
|
