BCFS has the expertise and knowledgeable team members that can assist you in resolving the issue and you on the best cash flow solution for you.
Would you rather be a renter today?
Would you like to own a smaller home and have cash in bank?
Are you ready to move to a larger home with your expanding family?
Are you frustrated with whether to sell you home, stay put, or whatever other choice their is?
Are you a frustrated renter looking to by a home now or in the near future?
Please contact Best Cash Flow SolutionS at your convenience for an initial consultation. We’ll work with you one on one to determine a roadmap to success. We look forward to working with you soon and don’t forget to get your free copy of our publication“The Financial Pyramid”. It offers a whole new way of thinking about financial planning.Contact Us for more information.
A widow, living on Social Security and a part-time job, found herself in a bind when her employer cut back her hours. She did not have the money to maintain even her modest lifestyle. Worse, she fell behind on her mortgage payments and was facing foreclosure -- the sheriff’s sale was already scheduled. She was humiliated and too embarrassed to tell her family about her situation and ask for help.
A mutual friend told Les. He called and encouraged her to contact him. She did and opened up to him about the whole situation.
After talking with the woman, Les realized that her problem was a common one – reduced cash flow. But she had an asset that she did not even know about – substantial equity in the house that was about to be foreclosed. (By the way, the mortgage company never mentioned this to her.)
Les suggested a reverse mortgage and explained the concept to her. She decided to move ahead with it. What is more, she handled the whole thing herself with Les coaching and counseling her on what to prepare, say and do. She now has a positive cash flow between her (reduced hours!) job, Social Security and reverse mortgage. More important, she is secure and will enjoy her home for the rest of her days.
Bonus Points: Her son-in-law lost a great job. She is now able to provide a temporary home for the family (her daughter son-in-law and two grandchildren) until they get back on their feet financially.