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 […]
Posts Tagged ‘private money loans’
Twnety-five questions you must ask (re-post)
Friday, February 22nd, 2013Rehab 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 […]
Draw process for rehab and construction loans
Wednesday, February 6th, 2013Clay 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 […]
Investing in real estate (either directly or indirectly) in 2013: three articles you should read
Friday, February 1st, 2013Clay 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 […]
What to look for in 2013
Thursday, January 24th, 2013Clay Sparkman I rather enjoyed the following article in the www.thefiscaltimes.com (quite an impressive publication at first blush), and thought it would be a good one to share. “Ten Real Estate Trends to Watch in 2013” http://www.thefiscaltimes.com/Articles/2012/12/06/10-Real-Estate-Trends-to-Watch-in-2013.aspx#page1 The article begins by noteing that “national home prices have been on the uptick for eight straight months,” […]
Where do you go to learn about private money lending?
Wednesday, January 16th, 2013Clay 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 […]
Private Money FAQ
Wednesday, January 9th, 2013Clay Sparkman I try to update and publish this FAQ every once in awhile, as it is a handy guide to better understanding the market for private money loans in general–and more particularly, how we operate here at FFS. It is written more with brokers and borrowers in mind, but the information here should be […]
Good news for real estate markets: could this be the actual turn around we’ve been waiting for?
Wednesday, December 5th, 2012Clay Sparkman I posted this on my broker blog post recently. It is slightly dated, but the good news motors on. Let us celebrate the positives. (Yet, at the same time, let’s hope that we don’t go over a certain fiscal cliff, out of control and doing 90 mph. It will be interesting to see […]
The quest for quality private money loans
Friday, October 5th, 2012Clay Sparkman Most private money investors choose to work with brokers. However it is a decision that each private money investor must make independently and with great care—to use or not to use a broker. The essence of the matter I think is this. If you want a full-time job (and some investors certainly do) […]
Sample loan prospectus
Tuesday, October 2nd, 2012Clay 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 placed recently. The prospectus which is shown here is the high level presentation, or executive summary of the loan. Having read the prospectus you should have a […]
