S. Clay Sparkman I’ve been doing this for 25 years, and I must say, we’ve seen good times and some bad. I’ve been involved in several thousand private money loans. Certainly, I’ve experienced a full cross section of the private money lender perspective. One might wonder, how can a long-term private money lender expect to […]
Case studies
Sample loan
Monday, November 5th, 2018Clay Sparkman Here is an example of a loan that we recently placed. We like to show samples from time to time, so investors can see the kinds of loans that we are placing AND the format we use for the executive summary. Kristopher Gillmore Fairfield Financial Services, Inc 3327 SE 50th St, Portland, OR […]
Two hicks from Oregon go to Malibu – a cautionary tale
Thursday, January 25th, 2018Clay Sparkman I first posted this Blog piece on 11.11.09 at this site. The runway was drenched in sunlight as our plane touched down that morning at LAX. It was a golden balmy day. We grabbed our bags and headed for the rental car kiosks. I don’t recall how it happened exactly, but the fellow […]
Rehab loan in WA state
Monday, April 14th, 2014Clay Sparkman We’ve had a lot of nice solid little loans come in lately. (As you know, we have a tradition of, from time to time, presenting one of the loans that we have placed or are in the process of placing, so that blog readers can (a) see the types of loans that we […]
Loan offering in Washington state
Thursday, October 17th, 2013Clay Sparkman We’ve had a lot of nice solid little loans come in lately. (As you know, we have a tradition of, from time to time, presenting one of the loans that we have placed or are in the process of placing, so that blog readers can see (a) the types of loans that we […]
Rehab loan offering in Oregon
Thursday, October 3rd, 2013S. Clay Sparkman We’ve had a lot of nice solid little loans come in lately. As you know, we have a tradition of, from time to time, presenting one of the loans that we have placed or are in the process of placing, so that blog readers can see (a) the types of loans that […]
Sweet private money loans
Tuesday, August 27th, 2013Clay 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 […]
Private money investors: Mind the gap
Wednesday, May 8th, 2013Clay Sparkman It is our opinion and the opinion of many others that banks, though they’ve bounced back in certain areas, have not picked up the slack when it comes to funding rehab, construction, and development loans. I have been on about this before, so I won’t go into great detail here. I think that […]
Loans we are placing – example
Friday, April 5th, 2013S. Clay Sparkman Every now and then I like to present one of the loans that we have placed or are in the process of placing, so that blog readers can see (a) the types of loans that we are placing, and (b) how we feel that loans should be presented. Keep in mind that […]
Sample loan prospectus
Tuesday, October 2nd, 2012Clay Sparkman I’m not sure how many of you have made loans with us before, so I thought I would post a prospectus for a loan that we placed recently. The prospectus which is shown here is the high level presentation, or executive summary of the loan. Having read the prospectus you should have a […]
