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

Case studies

The Round Table, with King Arthur

Wednesday, March 27th, 2019

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 […]

Read the rest of this post »

Sample loan

Monday, November 5th, 2018

Clay 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 […]

Read the rest of this post »

Two hicks from Oregon go to Malibu – a cautionary tale

Thursday, January 25th, 2018

Clay 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 […]

Read the rest of this post »

Rehab loan in WA state

Monday, April 14th, 2014

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 (a) see the types of loans that we […]

Read the rest of this post »

Loan offering in Washington state

Thursday, October 17th, 2013

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 we […]

Read the rest of this post »

Rehab loan offering in Oregon

Thursday, October 3rd, 2013

S. 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 […]

Read the rest of this post »

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 […]

Read the rest of this post »

Private money investors: Mind the gap

Wednesday, May 8th, 2013

Clay 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 […]

Read the rest of this post »

Loans we are placing – example

Friday, April 5th, 2013

S. 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 […]

Read the rest of this post »

Sample loan prospectus

Tuesday, October 2nd, 2012

Clay 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 […]

Read the rest of this post »