Clay Sparkman As you all know, sometimes we have to be creative to get loans done in this market. One of the most critical aspects of any loan (as you well know) is the Loan to Value ratio, and there are often options for reducing the LTV to make the deal more attractive. For purchases, […]
Fundamentals
Squeezing loans into the box (by thinking outside the box)
Thursday, March 17th, 2011How to invest in private money loans when real estate markets are uncertain
Tuesday, March 1st, 2011Clay Sparkman We’ve been through nearly 3 ½ rough years in the real estate market—and projections seem to indicate that we will finally see clear up-turn in the second half of this year, but no one really knows for sure. We have managed to survive this down-time (thus far) and continue doing loans even in […]
A private money loan prospectus
Tuesday, January 18th, 2011Clay 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 are currently in the process of placing. The prospectus which is shown here is the high level presentation, or executive summary of the loan. Having read the […]
Private loan packaging guidelines
Sunday, October 31st, 2010Clay Sparkman One of my long term objectives with this blog is to eventually walk with you through all of the private money loan processes and procedures, from the moment of conception until death (death of course not being a bad thing in my chosen metaphor, but simply meaning loan payoff, workout, or foreclosure). This […]
Getting started with private money – the dating thing
Thursday, August 5th, 2010Clay Sparkman I am frequently asked by private money investors: “… so how do we get started investing in private money loans?” You know, there is no simple answer to this question. I tell them that it is kind of like dating. If we are going to do this as an investor/broker team, then they […]
