Clay Sparkman I like what I’m seeing in the New York Times lately regarding real estate recovery. The following article was in yesterdays paper: Here It seems that they are convinced that recovery of the real estate markets is underway–though they also suggest that it is likely to be slow. I’m fine with that. I […]
Posts Tagged ‘trust deed investing’
I can climb; I just don’t want to fall again
Thursday, August 23rd, 2012Too good not to share
Monday, July 2nd, 2012Clay Sparkman I figured this was too good not to share. After all, when The New York Times speaks … http://www.nytimes.com/2012/06/28/business/economy/new-indications-housing-recovery-is-under-way.html I’ll try to get back to posting more frequently. I’ve been a bit at a loss as to what to post lately. If anyone has anything they’d like to know more about, please let […]
Another good piece of data for real estate markets in the PNW
Friday, February 3rd, 2012Clay Sparkman This from a recent article in The Puget Sound Business Journal: “Sales of larger apartment buildings in King County are on the upswing, setting a record average price per square foot in 2011, according to data supplied by Dupre + Scott Apartment Advisors Inc. Investors last year paid an average price of $136,509 […]
Everything you wanted to know about private money but were afraid to ask
Thursday, January 12th, 2012Clay Sparkman (Note: I posted the following on my broker blog recently. It is oriented to toward brokers, but at the same time, I think it would be quite useful to those trying to get a handle on investing in private money loans and trying to better understand the process.) Private money is often misunderstood. […]
A few useful and interesting resources for private money professionals
Wednesday, November 9th, 2011Clay Sparkman These days–with uncertain markets—tools and resources which provide us with information and data are more crucial than quite possibly ever before. I am always trying to find more resources that will be of use to both me and readers of this blog. Here are a few items that have popped up lately. ALTOSResearch […]
A private money loan prospectus – Hood Canal, Washington
Friday, October 21st, 2011Clay Sparkman From time to time, I post a prospectus for a loan that we are currently in the process of placing. This serves three purposes: (1) It gives readers a window into the kinds of loans that we are placing, (2) It provides an example of how are loans are initially presented, and (3) […]
A good time for private money investing (or so we think)
Monday, September 19th, 2011Clay Sparkman We’ve been getting quite a few calls from new investors lately who are interested in investing in trust deed secured loans. This makes a certain amount of sense to me, as a number of factors are lining up to enhance the attractiveness of this type of investing. The factors I have in mind […]
The top ten red flags that you may not want to lend to a particular fix and flip borrower
Tuesday, August 30th, 2011Clay Sparkman There are some good things happening out there, but these last (nearly) four years now have been tough. There are plenty of negative signs in the economy as a whole, but I am actually somewhat bullish at this point about real estate markets in general and private money investing in particular. Still, these […]
There’s something about equity
Thursday, May 19th, 2011Clay Sparkman With a double dip real estate depreciation nationwide becoming fact in April, and now with the federal government threatening not to extend government backed financing options large (jumbo) residential loans, this market is hardly getting easier or more predictable. So you might ask, “How do we get private money loans done in today’s […]
Squeezing loans into the box (by thinking outside the box)
Thursday, March 17th, 2011Clay Sparkman As you all know, sometimes we have to be creative to get loans done in this market. One of the most critical aspects of any loan (as you well know) is the Loan to Value ratio, and there are often options for reducing the LTV to make the deal more attractive. For purchases, […]
