S. Clay SparkmanJust about every broker should have a private money option to go to. Here are a few quick tips on how to get that going.(1) Find a Lending source that you like and trust. Also, make sure that they will work with you, guiding you through the process AND giving you quick feedback […]
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Private money FAQ
Wednesday, June 12th, 2019Clay Sparkman I like to post our general FAQ from time to time. Private money is often misunderstood. Many industry professionals know very little about it, and fallacies and misconceptions tend to dominate the collective wisdom. I have made it my mission to try to educate professionals regarding the realities of private money. In this […]
how 2-4 unit properies might be utilized (and financed)
Wednesday, June 1st, 2016Clay Sparkman Here, in The Scotsman Guide, is an article with an interesting take on regulations for financing of 2-4 unit properties and how private money might be utilized in a supporting role. I thought it might interest most Brokers and RI Borrowers. (By the way, if you are not familiar with it, The Scotsman […]
Loans we are placing – example
Monday, August 5th, 2013Clay 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 believe that loans should be presented. Keep in mind that this […]
A private money loan prospectus – Hood Canal, Washington
Monday, September 24th, 2012Clay Sparkman (In October of 2011, I posted this item on my Private Money Investor blog. I thought it might be useful to brokers as well—the idea being so that you may (a) see how we present loans to our internal working investors, (b) gain perspective on our entire private money loan process, from start […]
A few useful and interesting resources for private money profesionals
Thursday, November 10th, 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 […]
Don’t get mad, get going
Thursday, March 10th, 2011Clay Sparkman It is often quite difficult for professionals to get a sense of what hard money is all about and to know when it is the best option for putting a transaction together. I have found that the best way to teach is by example. So to that end I will profile some sample […]
