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

Posts Tagged ‘private money investing’

Sample loan

Tuesday, October 23rd, 2018

Clay Sparkman
Here is an example of a loan that we recently placed. We like to give samples from time to time.  Not only does this give borrowers and brokers a better idea of the kinds of things that we do, but it also gives them a nice working format for presenting new loans.

Kristopher Gillmore
Fairfield Financial [...]

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Five potentially useful indicators of the likely movement of value

Wednesday, August 9th, 2017

Clay Sparkman
Any good real estate investor should be attempting  to assess whether property values are rising, falling,  or holding in the area of his/her latest potential investment. After all, the core question when buying investment property (particularly short-term) is, “what is value likely to do in the next year or [...]

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Sample loan in Oregon

Tuesday, April 25th, 2017

Clay Sparkman
Here is an example of a loan that we recently placed. We like to give samples from time to time. Not only does this give borrowers and brokers a better idea of the kinds of things that we do, but it also gives them a nice working template for presenting a loan.

Kristopher Gillmore
Fairfield Financial [...]

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Trust deed lending – ten mistakes you should never make and ten mistakes you must never make

Thursday, March 28th, 2013

I first published this post on The Private Money Investor Blog on Dec 19, 2009. It is clearly directed toward a private money investor audience. However, from time to time, I like to post articles on this blog which give more of that particular perspective. If you really wish to understand the private money lending [...]

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What the media is saying about private money markets

Thursday, March 14th, 2013

S. Clay Sparkman
I spend plenty of time cruising the web for interesting articles that are relevant to the current state of hard money lending, brokering, and borrowing. I don’t always agree with everything I find, but it is useful to evaluate varying points of view, and I certainly wouldn’t pass along any article that I [...]

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What exactly do you want me to do for you?

Monday, March 11th, 2013

Clay Sparkman
When evaluating loan requests, this is the fundamental question:  what exactly do you want me to do for you? It is impossible to count the number of times that I have receive loan packets or proposals that didn’t include a loan summary or any clear description of the request.  The process of evaluating a [...]

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Where do you go to learn about private money?

Friday, January 11th, 2013

I can’t tell you how many times I have been asked by prospective private money investors, “Where do I go to learn more about this? Where are the books? Where are the articles? where are the websites”
I have generally had to shrug my shoulders and say, “You know, I don’t know.” I can’t tell you [...]

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Private Money – The Rules of Physics May Not Apply

Wednesday, December 12th, 2012

This article was published in The Scotsman Guide as “2 Private-Money Myths: Debunked” back around the time when the sub-prime market was just beginning to collapse.  I thought it might be of interest to some of you on this blog, and so I’m posting a slightly different version here.

Clay Sparkman

I would like to make [...]

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A private money loan prospectus – Hood Canal, Washington

Monday, September 24th, 2012

Clay Sparkman
(In October of 2011, I posted this item on my Private Money Investor blog. I thought it might be useful to brokers as well—the idea being so that you may (a) see how we present loans to our internal working investors, (b) gain perspective on our entire private money loan process, from start to [...]

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Resources – show me the good stuff!

Tuesday, March 29th, 2011

Clay Sparkman
I have long searched for resources that might be useful to those who wish to learn more about private money and hard money loans, and in the process I have become increasingly convinced that our particular niche field is somewhat of an intellectual/informational wasteland.  Every time I stumble upon an article or site that [...]

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The private money lending business: likes and gripes (part III)

Friday, February 4th, 2011

Clay Sparkman
I finished Part II with a brief mention of something I quite like about the trust deed system: that is, the option (generally available) to foreclose judicially.
Before moving on, I’d like to offer you a crude little decision tree which shows how investors might go about making the decision whether to foreclose a given [...]

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The private money lending business: likes and gripes (part II)

Thursday, January 13th, 2011

Clay Sparkman
In Part I, I began a discussion of my gripes and likes regarding the private money lending business and various industry related matters, items, and issues.  I allowed myself to amble a bit far afield and concluded by mentioning a book about the legal profession which I personally found to be informing and entertaining.  [...]

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The private money lending business: likes and gripes (part I)

Wednesday, January 5th, 2011

Clay Sparkman
Awhile back I published a 3-part post on my Private Money Investor blog regarding my personal likes and gripes as a purveyor in of private money.  This has been my sole job for the past 20 years.  Who wouldn’t want to go rant and rave publicly about their job?  I guess I could have [...]

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Calling all rehabbers, short sale buyers and quick flip artists

Saturday, October 2nd, 2010

Kris Gillmore and Clay Sparkman
Over the past three years we’ve all watched real estate prices come crashing down, in many cases forcing lenders to foreclose and take back the property.  Although this is a sad misfortune for some, it is a tremendous opportunity for others.  With regard to quick-flip investment property, I have always been [...]

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A view from the other side

Friday, September 17th, 2010

Clay Sparkman
Over a year ago, well before I started pecking away at this blog, I began blogging about private money and private money issues from the investor perspective.  Naturally this blog is called The Private  Money Investor.
It deals with all aspects of investing in private money loans and hard money loans secured by trust deeds [...]

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