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 ‘investing’
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 […]
The infinte universe of private money
Wednesday, March 13th, 2013Clay Sparkman Our private money lending programs tend to be fairly rigid with regard to LTV requirements but quite forgiving with regard to other issues. One of the nice things about private money is that it allows for creative problem solving. I have put many transactions together, that initially didn’t appear to be doable, simply […]
Twnety-five questions you must ask (re-post)
Friday, February 22nd, 2013Clay 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 […]
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 […]
