Finance the American Dream

Lighthouse Investment Capital is the investment arm of Lighthouse Human Capital LLC. Jim Anderson, the founder of Lighthouse Human Capital LLC is an expert in small business leadership and management.

Jim also has access to an investor network. He provides access for individuals and companies to investors who will help them in structuring private paper transactions and turning private paper assets into cash.

Investor specialties include: structuring quick sales of difficult properties for their clients, through the creation of notes which can be liquidated for cash at the close of escrow (simultaneous closings); disposing of existing notes to achieve cash liquidity for clients; and structuring transactions whereby private paper can be used in lieu of cash toward achieving investment or personal acquisition objectives.

Professional real estate associates are able to help their clients sell properties that are difficult to sell. Additionally, he can help buyers purchase properties who have difficulty qualifying. His techniques also provide many note holders with the ability to achieve other objectives such as, buying or selling a business, resolving estate distributions, divorce settlements, and other structured settlements.

Structured Settlements

Lighthouse Investment Capital partners with a variety of funding sources that provide lump sum payments for cash flow streams resulting from structured settlements. These settlements are usually the result of personal injury accidents and are generally of a non-assignable nature. Our investors have developed special programs and procedures that enable them to legally purchase these non- assignable settlements and give the owners of these payments a large up-front lump sum cash payment. Structured settlements also result from civil lawsuits, divorce, casino jackpots, lottery winnings, inheritances, workers comp, VA and military disabilities and military pensions, and a variety of other unique windfalls that are paid out over time.

While settlement recipients have many reasons or needs for wanting lump-sum cash rather than periodic, monthly or annual payments, one of the biggest reasons is long term financial security. Inflation alone reduces the value of a twenty-year payout. Consider this scenario. A $1,000,000 settlement paid out over twenty years = $50,000 per year before taxes. And all payments stop in twenty years. If you had a lump sum of $300,000 to invest: @ 8% interest, you would have $600,000 in 9 years and $1,200,000 in 18 years. @10% interest you would have $600,000 in 7.2 years and over $2,000,000 in 20 years. Imagine what it would be at 12%.

Many structured settlement recipients use their lump sum payments to expand business, start new ventures, pay off debts, purchase homes, or make investments to create wealth and ensure long-term financial security. What ever your reason we can help you take advantage of this powerful financial tool. Our investors offer a variety of flexible and individually tailored plans designed to meet specific financial goals. Clients can select from a variety of purchase plans, including, Full Purchase, Partial Purchase, Shared Payment, or Deferred Payment. Specific plan availability depends on the type of settlement, the settlement agreement, the payout structure and other such factors.

Existing Notes

There are many reasons why private mortgage holders may desire to sell all, or part, of their note for lump-sum cash. Whatever the reason, we can help you get the cash you want and need now.

We can find funding sources for almost any type of note or paper secured by some kind of real-estate, including: single family homes, multi-family dwellings, mobile homes with / without land, apartment buildings, commercial buildings, developed and undeveloped land. From small 2NDs, to large 1STs, to portfolios in the millions, we can buy ALL or PART of your note depending on your needs. Many sellers like a partial because they get a lump sum payment right away, and later, when the note reverts back to them, they get the remaining payments left on the note.

Typically, we work with clients who have sold property, or perhaps a business, have carried back a loan in the form of 1st / 2nd mortgages, deed of trust, a wrap, etc., and are receiving regular monthly payments on the loan. Regardless of how your note is structured we can probably find a funding source that will pay CASH for the balance of your note. Our job is to find and negotiate with a variety of sources to get you the best deal possible.

Seller Financing

It is a well known fact that owner financing sells properties fast, by allowing prospective buyers that do not conform to traditional mortgage lending requirements an opportunity to purchase a home. Owners often shy away from this approach because they don’t want to collect monthly payments, and need to cash out at closing.All you need to do is:

(1) Advertise "Owner Will Finance with Low Down Payment, No Points! No Bank Qualifying!" This will attract many more prospects than the traditional approach.

(2) Set the sale price equal to the appraised value (not a penny less, even if this is higher than what you now have it listed for). At this point, you, the seller, pre-determines, based on your needs, the seller-financed deal that will be offered (i.e. Sales Price / Down Payment / 1st Mortgage Note seller will create / Terms, etc.)

(3) Screen calls from the Ad, show the property to three - four prospective buyers, position the seller- financed deal that is being offered, and get the interested buyers to complete a 1003 Credit Application and an Authorization to Release Credit Information (standard forms).

(4) FAX me the completed Credit Application(s) + an Authorization To Release Credit, and we will review buyer's credit information; get them pre-approved; and help determine the best prospect to sell to. Our investors are much more lenient regarding credit issues than institutional lenders and we can get most people approved immediately.

At this point, based on the buyer's financial information and the structure and terms of the note, we can determine the exact value of the note and make a firm purchase offer.

(5) Seller (you) and buyer(s) sign a Real Estate Purchase Contract . . . everyone agrees on the structure and terms of the note to be created . . . and I provide you with a contract to purchase that note at the closing table, or 72 hours after closing. We use your choice of a local title company, or closing agent, and they take over from there. We work with them to create and collect all the required documents and set a closing date. Just prior to the closing, we wire funds to the closing agent / title company with disbursement instructions. Then . . .

(6) At closing, you create and then simultaneously sell or assign the mortgage note to our investor. The buyer's down payment, plus the funds we wired, are used to pay all closing costs. Then you collect the balance of the funds. The buyer will then make their monthly payments directly to our investor. It's a done deal!

Business Notes

Unlike a real estate mortgage note, a Business Note is usually secured by the business itself (rather than real estate) and the entire inventory / equipment / assets owned by the business.

Typically, we work with clients who have sold a business, received a substantial down payment, and carried back a loan in the form of a business note, secured by the business and usually, personally guaranteed by the payer, and are receiving regular monthly payments on the loan.

Depending on a variety of factors; rate, term, note structure, payment history, number of payments made, current credit situation of business, and payer, we can probably find a funding source who will pay CASH for the FULL or PARTIAL purchase of your note.

There are only five investors or note buyers nationwide, that buy business notes to keep for their own portfolios, and they consistently pay the highest prices for the notes they purchase. We work directly with all five and our job is to negotiate with these sources to get the best deal possible for our clients.

While we can review any note for possible purchase, the ideal note from an investor point of view, a note that will bring the highest purchase price, will be structured as follows:

30%+ Down Payment

15% - 18% Interest Rate

Maximum of 60 Month Term

Minimum of 3 Months Seasoning (i.e. at least 3 payments have been received)

Well Secured . . . Personally Guaranteed

Larger Down Payments can compensate for less Seasoning and more Seasoning can compensate for smaller Down Payments. Do not hesitate to let us review your note, regardless of the structure.

If you are a business note holder, or a business broker, our unique services and funding sources can help you cash out of an old deal and get you to the closing table faster, with new deals. In some cases, with a substantial down payment, we can even do a simultaneous close, and buy the note right at the closing table.

The note seller usually has no obligations other than gathering and sending the required paperwork. The seller doesn’t pay any up-front fees or closing costs of any kind. The note buyer will normally pay all fees and costs associated with the deal.

To get started, there are only a few things we need to know, and most of the details and information should be readily available to you. Simply FAX us a copy of the Note, copy of the Bill of Sale and the Closing Statement and we will go to work. If you let us know exactly how much money you need to raise, we can structure the purchase so you only have to sell as few of the monthly payments as possible in order to get you the money you need. We always advise our clients to never sell more payments than they have to. No need to leave money on the table, you can always sell more later.

Any and all information you submit will be held in strict confidence, and of course, you are under no obligation to accept any offer we make. With the requested information, we should be able to get you a firm quote, subject to document review and due diligence, within 24 - 48 hours.

Let Us Help

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Mr. Anderson is available to assist you with the structuring, or sale of your notes. He can be reached at 800-450-7779.

Bookmark this site now, for later reference! You never know when you'll need some extra cash!