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 […]
Posts Tagged ‘private money lending’
Fix and flip big
Wednesday, August 21st, 2013Clay Sparkman This is interesting. I had wondered why we have not seen as many REO type fix and flip property loans as I had expected. I was informed by an individual quite recently that they had read an article about two very large entities that were going to the banks and buying all of […]
We may be done wandering through the forest
Thursday, June 27th, 2013Clay Sparkman I got this upbeat article as a special alert on my smart phone this week. It seems that finally the real estate market it pulling the rest of the economy forward, instead of the other way around. I would say that it’s official. Hallelujah! Housing, regional factory data show economy’s stamina http://us.news-republic.com/Web/ArticleWeb.aspx?regionid=1&articleid=10246360 On […]
Auto-private-money-fractional-lending
Thursday, June 13th, 2013Clay Sparkman This is an interesting blog post. http://www.mymoneyblog.com/realty-mogul-review.html It tells about a new site where you can go to make $5k private money fractional loans automatically, without the bother of actually dealing with a broker, borrower, or such. Apparently you don’t have to even bother making any decisions about the investment. That might be […]
Good news for modern real estate investors
Thursday, May 30th, 2013Clay Sparkman Well, if this isn’t good news, I don’t know what is: http://us.news-republic.com/Web/ArticleWeb.aspx?regionid=1&articleid=9562167 It appears that now is the time to be investing in real estate and real estate loans. We finally have a turn-around market that might actually be *real* and might actually be steady. Let’s hope it keeps going this way. There […]
Private money investors: Mind the gap
Wednesday, May 8th, 2013Clay 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 […]
Finding qualified commercial private money borrowers
Monday, April 22nd, 2013Clay Sparkman This item was originally posted on this site on 4/30/10. I had a sense that it might be relevant once again, and so I have rewritten it slightly and am posting here again. I hope you find it useful. Most private money investors choose to work with brokers. However it is a decision […]
Loans we are placing – example
Friday, April 5th, 2013S. 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 […]
How to read an appraisal
Friday, March 29th, 2013Clay Sparkman This article was originally published, on The Private Money Broker Blog. on 8/9/10. Some two and a half hears later, I feel it is worthy to be modified slightly and published again. Whatever you do in the real estate business, I highly recommend that you give this post a good read. The most […]
Rehab and construction loan FAQ
Friday, February 15th, 2013Clay 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 […]
