Fairfield Financial Services, Inc. - Private Money Loans, Lending & Borrowing

Posts Tagged ‘real estate investing’

How to read an appraisal

Friday, March 29th, 2013

Clay 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 […]

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Twnety-five questions you must ask (re-post)

Friday, February 22nd, 2013

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 […]

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Draw process for rehab and construction loans

Wednesday, February 6th, 2013

Clay 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 […]

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Investing in real estate (either directly or indirectly) in 2013: three articles you should read

Friday, February 1st, 2013

Clay 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 […]

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Where do you go to learn about private money lending?

Wednesday, January 16th, 2013

Clay 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 […]

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Good news for real estate markets: could this be the actual turn around we’ve been waiting for?

Wednesday, December 5th, 2012

Clay 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 […]

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The quest for quality private money loans

Friday, October 5th, 2012

Clay 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) […]

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Sample loan prospectus

Tuesday, October 2nd, 2012

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 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 […]

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I can climb; I just don’t want to fall again

Thursday, August 23rd, 2012

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 […]

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Too good not to share

Monday, July 2nd, 2012

Clay 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 […]

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