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

Auction funding

Quick flipping

Thursday, February 7th, 2013

Clay Sparkman
As you probably know, we work with a lot of people who are doing quick flip properties/projects. That means: buying low, generally fixing up (though not always), and then selling fast, at a fair price, for a nifty profit.
Until now, we have made many such loans, and we have done so as follows: 5 [...]

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Auction Buyers Take Note

Monday, October 24th, 2011

Clay Sparkman
Most likely you have clients who buy distressed properties from time to time–with the intention of making a profit–and need a source of funding to fuel their activities. There are three common ways to buy distressed properties: pre-auction, auction, and post auction (generally referred to as REO). Most investors are forced to buy either [...]

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