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 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 […]
Posts Tagged ‘Oregon’
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 […]
An interview with Grover W. Sparkman
Thursday, March 11th, 2010S. Clay Sparkman Grover W. Sparkman is the President of Fairfield Financial Services, a company that he founded with his wife, Louise Sparkman, and a business partner in 1964. He has been involved in just about every imaginable aspect of private money lending and paper brokering for nearly half a century. He also works as […]
Rehab and construction loan FAQ
Monday, March 8th, 2010Clay Sparkman One of the most promising areas at the moment for real estate investors, by all indications, is REO, rehab, and quick flip of 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 non-profit initiative) to […]
Is Oregon next?
Thursday, February 18th, 2010Clay Sparkman After many years of holding relatively firm, the real estate market in the Pacific Northwest may be in trouble. The following informative piece was printed yesterday at Business Insider. Make sure to follow the “Check out how bad Oregon has become” link and the 14 slides that accompany the article. http://www.businessinsider.com/oregons-expanding-foreclosure-rate-could-make-it-the-next-california-2010-2 What does […]