Clay Sparkman
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, “Uh …. you know, I really know.” I can’t tell you why, but very little has been formalized regarding the matter of private money basics (or the finer points for that matter).
Recently I was talking to a new prospective lender, and he told me about a book that he read. He said that it was very good at covering the basics of private money in simple language. This guy should know. He has spent a great deal of time researching the matter, and has been dead set on learning the workings of the private money realm.
With the caveat that I haven’t read this book, I offer this resource to you.
Private Mortgage Investing: How to Earn 12% or More on Your Savings, Investments, IRA Accounts and Personal Equity–A Complete Resource Guide with 100s of Hints, Tips and Secrets From the Experts Who Do It Every Day
http://www.amazon.com/Private-Mortgage-Investing-Investments-Secrets/dp/0910627622
If any of you read this book, or have read this book, and have any feedback–I would be delighted to receive it and share it with the blogregation (yes, I made that word up).
I hope this is of use to some of you.
— Clay (clay@privatemoneysource.com, 503-476-2909 or 800-971-1858)
Clay is Vice President of Fairfield Financial, a primary source for private money loans since 1964. Fairfield works with a broad range of private money investors, in a broker capacity, finding, underwriting, presenting, closing, servicing, and when necessary, assisting in the workout of difficult loans.
Tags: hard money investing, hard money lending, hard money loans, investing, private money investing, private money lending, private money loans, real estate investing, trust deed investing, trust deed lending, trust deed loans
