Clay 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 […]
Private money loan examples
How to broker private money loans when real estate markets are uncertain
Sunday, March 6th, 2011Clay Sparkman We’ve been through nearly 3 ½ rough years in the real estate market—and projections seem to indicate that we will finally see clear up-turn in the second half of this year, but no one really knows for sure. We have managed to survive this down-time (all who are still present please take a […]
When life gives you lemons …
Thursday, September 9th, 2010Clay Sparkman I recently posted this article on my investor blog, The Private Money Investor. Even though the article is targeted toward investors who put their money into private money loans, I think it is appropriate to post it here. After all … just look around you … this is where the game is. I […]
Ignoring the experts
Monday, August 2nd, 2010Clay Sparkman One thing I can tell you about private money is that the regular rules don’t work there. And in fact, there aren’t really any rules that you can count on. At best, there are guidelines and these vary greatly depending on the broad spectrum of particulars that define a particularly loan request. With […]
The infinite universe of private money
Friday, July 16th, 2010Clay Sparkman and Richard Sundvall 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 […]
Sunshine and hard money
Sunday, July 11th, 2010Clay Sparkman It is summer at last! In the Pacific Northwest, that means it is time to play–or for those who are investing in real estate projects, perhaps the reprieve from the rain means that it’s time to get to work on purchase and rehab projects. As much as 80% of the loans that we […]
