Please note:
As of January 1st, 2009 we only purchase business notes
and insurance settlement notes (business notes must include real
estate).
Cash Flow
Investor Funding Inc. is broker friendly, and will assist new
note finders with their first Commercial Note, Multi-Family Condo
Note, Mobile Home Park Note or
Structured Settlement.
Our company
started at the street level as brokers. Today Cash Flow
Investors is a principal investor in a wide variety of Commercial Cash
Flow notes.
We also
work with local investors and investors nationwide to secure cash
flow notes.
We have
assisted thousands of brokers, new and experienced, in getting
deals closed and putting real income in their pockets. Our "street
level"
experience and approach gets results.
Cash Flow Investor Funding can provide funding for nearly any
secured performing cash flow.
Our expert staff always get top dollar on every deal.
Our top priority at Cash Flow Investor Funding is getting you
the cash you need.
Don’t waste your time hunting for a buyer…we’ll do the legwork to
get you the best
offer on any/all of your deals.”
Cash Flow
Investors is not restricted by in-house committees on "how"
and/or "what" we can buy. As such, we encourage brokers to submit a
completely filled out submission
worksheet
on every deal they're
working
on and let's take a look.
Have a questions on a deal in the works?
Direct your
question to us
here at this web site.
Need a Broker Package? (please read carefully)
Our web site IS
our Broker Package...we do not have any packages to
mail out. All company criteria is here at the site. Additional
company
information and paper worksheets, factoring applications etc., are
available
via e-mail attachment upon request.
A worksheet
only is typically all we need to initially evaluate an income
stream.
Do not fax every document in existence simply to get a quote.
We'll let you know
if/when we need anything more than the worksheet.
We work with retail Note brokers only or
note finders..
Please read
Retail brokers:
Retail brokers or note finders as they are sometimes referred to,
simply submit note details to us and we reply with a bid. If seller
accepts bid, broker signs a "Broker Fee" agreement and we take over
from there,
collecting all documents, doing drive-by property appraisal and UCC
search, which normally the Broker would be required to pay
($450-$1000) and Broker gets paid a pre-agreed upon fee upon closing
(normally around $500-$1000 or more depending on size and value of note) .
WHAT WE CAN BUY: (please read carefully
before submitting your note to us)
1.
Mobile Home Park Notes (5 or more units)
2. Mulit-Family Resident notes (3 or more units)
3. Performing business Notes W/Real Estate (performing meaning
business is making money and includes building and land in the deal)
4. Structured Settlements (insurance company settlements only, no
private judgments)
The following is a basic criteria of what we look for in a note.
This will save you a lot of time and frustration in submitting notes
to us that we cannot work with:
All notes must "NOT" be in default and be positive performing. Min.
balance is $100,000 with a LTV of 85% or less and have at least one
year one time payments. (We do no purchase new notes or due Simo
closings)
This will give you a basic guideline to go by. Please do not send us
notes outside the parameters. We don not want to waste your time,
your clients or ours. If you have any
questions on a note that falls within the above parameters, please
email or call and will gladly assist you.
IMPORTANT: When submitting a note to us, besidesthe
note details the following must
be included -
1. The reason why note holder is selling
2. The dollar amount the note seller thinks is fair market value for
their note (this will
save you and us a lot of time for note holders that are only
shopping and not serious
about selling their note)
This will tell us and you whether the note seller is "just curious"
and has a serous expectation what note is worth.
WHAT WE CANNOT BUY:
WHAT WE CANNOT BUY:
1. NO SFR Mortgage Notes
2. 2nd lein notes
3.
We do not buy business notes without real estate
4.
We do not buy REO's
5.
We do not buy newly created notes or do Simo's
6. We do not deal in double brokering of notes. Please make
sure if you are submitting a note to us that you are
in direction contact with note holder and not getting the note from a 3rd
party. This will only cause us to drop our
offer and we will no longer be able to assist you.
Written or e-mail confirmation will be
sent to you within 24 hrs. once we receive your note details. A Cash
offer will be made within 48 hrs after that or a reason we cannot
purchase note. Cash Flow Investor Funding will obtain all
documents and do the negotiating. We only ask that you gather the
basic information required to fill out the proper
worksheet
below. We'll do the rest.
When an agreement is reached between Cash Flow Investor Funding and
your lead, you will receive notification and a projected closing
date, along with a broker agreement with exact amount you will
receive. Exclusivity of the lead for Cash Flow Investor
Funding is required for 90 days from its receipt. The lead may not
be presented to other investors or buyers during this 90 day period.
We will invest initiative, creativity and funds to create the
conditions for closing. If the lead is "close-able" we'll close it.
If the lead is deemed "undo-able," you will be notified and you can
proceed as you would like with the lead.
Qualified leads are the only requirement for your success! Again,
please only submit notes to us you know wer are interested in
purchasing. If unsure, please reread the material ablove. Be
creative and inquisitive. Seek fresh, "workable" leads. Ask
questions, be curious, offer help, make friends. Don't wait…Just do
it!
True testimonial:
"Basically, all I did was give the information to Cash Flow
Investor Funding. They took it from there. They had to overcome
some problems with the deal, but when it closed, I received my
check. From my point of view, it couldn't have been easier, all
I did was find the note and they did the rest.." J.
Jackson, Memphis, TN
What's New
How To Find Notes
Finding notes takes an investment of your time and/or your money. If
you have money but don't have a lot of time, you can simply place
advertisements in lots of newspapers and do quite well over the long
term. If you have more time than money and are willing to work hard,
you can still be successful. Remember to have business cards made
up. This is VERY important. There are over 100 ways to find notes.
Here are some of the better methods:
Newspapers: An easy way to find notes is to place your own ads in
the classified section of as many newspapers as you can. Here's one
that works well:
*** CASH *** QUICK ***
For your owner financed business notes. Most any structured cash flow
purchased. No fees. Call (your phone number)
It's inexpensive and it makes the phone ring.
Put your ads where people will see them. If you have the funds, try
display ads in the sports or comics section. If you can't afford
that, use the big papers sparingly (Sundays only) and concentrate on
the small-to-medium sized newspapers. Try out-of-town papers, too,
especially if you live in a place where you see lots of competition
from other note buyers.
Don't forget the "shoppers," those free all-classified ad papers
(the Thrifty Nickel, Penny Saver, etc.). Ads in shoppers are cheap
and can be effective, but you have to run them for months to get
results.
The secret to finding notes is PATIENCE. Frankly, you won't get many
calls, just because the percentage of people who own notes isn't
very high. The more papers you advertise in day after day, the more
calls you'll get. Keep running your ads, week after week. Rural,
small and medium-sized papers can be ideal - they're cheap and you
have no competition. A good criteria is this: If you've located no
notes after two months in a larger daily paper, 6 months in a small
town daily or 1 year in a weekly, drop the ad for 6 months and then
try again. If you just hit those averages, you are doing just fine.
Look around your area for homes for sale. See our
FSBO link. This is a proven method we use daily with long term
results. Your helping the home owner sell their home quickly and
creating a note for you to broker.
What will you say when people call? Just use the enclosed Note
Information Form. Ask the questions on it, copy down the information
and fax or mail it in to us. Tell them someone will get back to them
if they ask questions you can't answer.
Networking: If you're going to be an active note finder you
have to let people know about you. It's a long process before you
get results, and the principle of "out of sight, out of mind"
applies. You have to keep reminding people that you're out there
waiting for notes. Obviously, you should concentrate your efforts on
people who are in a position to bring notes your way, primarily real
estate agents and brokers, title company employees, bank trust
officers and bank loan officers, and attorneys with a real estate
practice.
Look for advertisements placed by real estate agencies promoting
their top producers. These are the leaders in the local real estate
community. Call them and tell them you're looking for "owner
financed" business notes and ask them to call you with any they know about,
either now or in the future. You can even offer them a modest
referral commission, say $100 for every note they bring you that is
purchased (when you're making $500 or more for one phone call to the
note owner and a fax to us, paying the agent $100 is smart!). Note
that in some cases real estate agents are prohibited from receiving
such commissions, but that is their decision, not yours.
Follow-up with a brief letter and enclose your card - or, better
yet, your own rolodex card! You could have some color rolodex cards
printed with "CASH FOR BUSINESS NOTES" on the tab, and your name, phone
number and other information on the card, and hand them out to real
estate agents and others. Keep in touch with these folks with a
letter every couple of months and it will begin to pay off.
Networking shouldn't be restricted to real estate agents. Attorneys,
accountants, title company officials and bankers often have notes
crossing their desk. Use the personal contacts you already have with
these people to let them know you are interested in notes. A
tasteful letter indicating the same, mailed to names you find in
legal directories at the library or simply culled from the phone
book, may produce results. Your letter must be low-key and
professional if you expect results. This is the method we have used
for years. Attorneys and CPA's have been responsible for bring us
85% of our notes to date.
The Bulletin Board Method: You can always put up little signs
on community bulletin boards advertising that you buy notes.
Remember that the stores, community centers and other establishments
that permit notices remove them on a regular basis (such as every
two weeks). It becomes almost a full-time job just to keep your
notices up. If you're going to do this, you're eventually going to
have to hire someone like a high school student to do the legwork.
This technique has one great advantage: you can do it yourself for
free. Therefore, it's a way you can get started this afternoon with
no up-front investment. Be sure you handwrite your ad, and use the
same wording advised for your newspaper ads. Handwritten ads are
much less threatening than printed ones; simply write it out with a
black felt-tip pen and have it reproduced on index cards at a quick
print shop. Put up your cards with a stapler, which is much faster
and less expensive than thumbtacks. Print "cash for business
notes and settlements" and
your phone number on tabs they can tear off.
Again, this is a method that requires patience. You have to keep
putting your notices back up and keep working at the program. This
is really a supplement to your other efforts and should not be your
only method. The downside to the bulletin board method is that the
response will be so poor that you could be discouraged from notes
altogether, which would be a disaster. If you try this, convince
yourself not to expect any response at all. Then you might be
pleasantly surprised.
MOBILE HOME PARK NOTES: Contacting
Manufactured Home Dealers: Often dealers will be sitting on Mobile
Homes they have sold to Parks and held back the paper on. Many times
these dealers will know of note holders who are wanting to cash out. Call them and ask. You may be surprised. Remember CASH
NOW has value and money in their pocket NOW is worth more than money
over time.
Online Mobile Home Parks Sites:
There are tones of websites online that list Mobile Home Park
Dealers and Sellers. You can contact them directly or place an ad
inexpensively on these sites to attract note sellers.
For more assistance, please contact us. We are here to help you.
Continuing Education
Manuals and
Software: The company is producing several publications/software
packages for brokers new to the industry and will be available soon for
downloading.
Please note:
As of January 1st, 2009 we only purchase business notes
and insurance settlement notes (business notes must include real
estate).
Note Brokers Worksheet
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