Clay Sparkman
With the decline of real estate prices and concern about the global economy, there is a lot of speculation regarding the timeline of this recession. In conversations with brokers, investors, and developers throughout the country, the topic often turns to one common question: what’s going on out there? I’ve heard what the experts say, [...]
Posts Tagged ‘finding lenders’
What’s Going On Out There?
Friday, February 3rd, 2012Private Money Loan Simulator
Wednesday, December 14th, 2011Clay Sparkman
I firmly believe that the best way to learn about anything complex is by doing. The second best way is by example. If I could provide you with a private money loan simulator I would, but I haven’t figured out how to do that yet (though I assure you, we haven’t given up on [...]
Top Ten Ways you know it might be time to consider private money
Wednesday, October 26th, 2011Clay Sparkman
This has been a tough four years for many of us, so in celebration of the anniversary of the sub-prime collapse, I thought it would be nice to start off by having a little fun. With that in mind, I have prepared a top ten list, Top Ten Ways you Know it Might be [...]
On the art of handcrafting loans
Thursday, October 20th, 2011Clay Sparkman
As I pointed out in a previous mailing, our private money lending programs tend to be fairly rigid with regard to LTV requirements, but quite forgiving with regard to other issues. One of the nice things about private money is that it allows for creative problems solving. I have put many transactions together that [...]
Announcing: iPad 2 Bonus to Brokers Closing Loans with Fairfield
Thursday, September 22nd, 2011Clay Sparkman
We at Fairfield Financial Services (FFS) are pleased to announce our free iPad bonus promotional program AND that we now have sources available to lend with no maximum on commercial loans in all 14 of the states that we service.
Starting Wednesday, September 27th, we are offering a free promotional iPad 2 to any broker or [...]
Don’t Believe Everything You Hear About Private Money
Monday, September 12th, 2011Clay Sparkman
This week I’d like to address some myths about private money, and hopefully correct some common misconceptions that seem to exist with regard to private money lending as an alternative mechanism for funding the refinance and acquisition of real estate.
Myth: As a broker, I should first try to use conventional bank financing, and if [...]
A story of adaptation: or how to survive and succeed in a challenging real estate market
Sunday, November 7th, 2010Guest post by Matthew Whitaker, Managing Member of Magnolia Partners, LLC and Golden Key, LLC
In December of 2007 we were faced with a decision. After three years of successfully flipping properties to low and moderate income buyers, we awoke one day with no buyers and no plan to find new ones. Our dilemma [...]
Fairfield broker promotion – free iPad UPDATE
Saturday, October 23rd, 2010Clay Sparkman
We are sending out this update to amend the rules for he iPad giveaway. We accidentally left two items out.
We at Fairfield Financial Services (FFS) are pleased to announce our free iPad bonus promotional program AND that we now have sources available to lend with no maximum on commercial loans in all 14 of [...]
Fairfield broker promotion – free iPad
Saturday, October 23rd, 2010Clay Sparkman
We at Fairfield Financial Services (FFS) are pleased to announce our free iPad bonus promotional program AND that we now have sources available to lend with no maximum on commercial loans in all 14 of the states that we service.
Starting Monday, October 25th, we are offering a free promotional iPad to any broker or [...]
Grumblings of a slum lord in the post-bust environment
Friday, September 24th, 2010Guest post by Brian Blum, Operating Manager, Maverick Structures LLC
I’m a real estate investor. I see opportunities in buildings – and in numbers, and I use those opportunities to create income and equity. What I do benefits society, but I’m not going to lie to you – I am driven to do it for my [...]
When life gives you lemons …
Thursday, September 9th, 2010Clay Sparkman
I recently posted this article on my investor blog, The Private Money Investor. Even though the article is targeted toward investors who put their money into private money loans, I think it is appropriate to post it here. After all … just look around you … this is where the game is.
I have [...]
The ever elusive lender
Wednesday, September 1st, 2010Clay Sparkman
If you don’t believe that lenders are getting hard to find, read this article from the New York Times: In Hard Times, One New Bank (Double-Wide). Kind of scary, huh?
If you are having trouble finding the ever elusive lenders that you need for your particular client transactions and projects, a web based tool known [...]
