Fairfield Financial Services, Inc. - Private Money Loans, Lending & Borrowing

Archive for August, 2013

Sweet private money loans

Tuesday, August 27th, 2013

Clay Sparkman
Historically we have placed loans in the 12-14% range, but in the current market we are finding that this may be a bit high. Especially if a lender is willing to come down to 10-11%, there are little golden nuggets of opportunity presenting themselves.
Here, by way of example, is a loan that we just [...]

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Fix and flip big

Wednesday, August 21st, 2013

Clay Sparkman
This is interesting. I had wondered why we have not seen as many REO type fix and flip property loans as I had expected. I was informed by an individual quite recently that they had read an article about two very large entities that were going to the banks and buying all of the [...]

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