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

Archive for February, 2013

Twnety-five questions you must ask (re-post)

Friday, February 22nd, 2013

Clay Sparkman I originally published this article on this blog in September of 2009. It is as relevant ans useful, I believe, today as it was then. I’m going to make a list today of twenty-five important questions that I believe an investor must ask prior to funding any private money loan transaction.  I’m not […]

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Rehab and construction loan FAQ

Friday, February 15th, 2013

Clay Sparkman One of the most promising areas at the moment for real estate investors and brokers, by all indications, is REO, short sale, rehab, and quick flip properties.  The opportunity to buy distressed properties at a low price point is evident in many markets.  And yet it is difficult for most end-buyers (with a […]

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Draw process for rehab and construction loans

Wednesday, February 6th, 2013

Clay Sparkman We plan to do as many rehab and construction loans as we can this year. We see great potential in that area. Builders are under-building (by a substantial number of units, and going back 3+ years), and this is mostly because banks haven’t recovered to the point where they are comfortable doing construction […]

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Investing in real estate (either directly or indirectly) in 2013: three articles you should read

Friday, February 1st, 2013

Clay Sparkman On occasion, I try to publish links to articles that are relevant, useful, and interesting. Here are three articles which give useful perspective on the matter of investing in real estate in 2012—each from a different perspective. A money.cnn article on how to find real estate opportunities in 2013: http://money.cnn.com/2012/12/01/real_estate/housing-outlook-2013.moneymag/index.html Dailyresearchhunter.com on global […]

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