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

Rehab and constuction loans

House flipping wisdom worth noting

Wednesday, August 16th, 2017

Clay Sparkman I try to keep an eye out for good information on the status of property flipping. Here are a few things that I have come across recently. With regard to the best cities for home flipping (as of May): The 25 Best Cities for Flipping a House Taylor Tepper at Money May 25, […]

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Sample loan in Oregon

Tuesday, April 25th, 2017

Clay Sparkman Here is an example of a loan that we recently placed. We like to give samples from time to time. Not only does this give borrowers and brokers a better idea of the kinds of things that we do, but it also gives them a nice working template for presenting a loan. Kristopher […]

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How to Make Offers That (Nearly) Guarantee You Can’t Lose

Wednesday, December 28th, 2016

Clay Sparkman I recently came across this article,  How to Make Offers That (Nearly) Guarantee You Can’t Lose by Sterling White, and felt that it would be worth sharing on this blog. I can’t tell you haw may times I have had investor-Borrowers come to me looking for a private money loan and when I […]

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Rehab and construction loan FAQ (revised) – a blog

Thursday, December 15th, 2016

Clay Sparkman Here is an updated version of Fairfield’s Rehab and Construction Loan FAQ. One of the most promising areas, at the moment, for real estate investors and brokers, by all indications, is REO, rehab, and quick flip of properties. The opportunity to buy distressed properties at a low price point is evident in many markets. […]

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5 Things to know about private construction loans

Tuesday, October 11th, 2016

Clay Sparkman I recently came across this five year old (but still very relevant) article written for David C. Scott for the Scotsman Guide 5 Things to know about private construction loans It seems to fir pretty well with my own overall perception. As such, I thought I would publish it here and then go […]

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Private money as a source for home mortgage loans

Wednesday, September 28th, 2016

Clay Sparkman May articles I’ve come across lately suggest that more and more private money lenders are putting their funds into the long-term residential home market, and doing so at a fairly roate (low by private money standards). The article here–Private Lenders Remodel the Mortgage Market–is a good discussion of precisely this movement, and approaches […]

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Musing the fix and flip

Tuesday, July 19th, 2016

Clay Sparkman I recently came across these articles while scanning the web. I don’t agree 100% with everything said, but all in all, there is some very good stuff here–and so I thought I’d share it with you. (Ever vigilant: I’m combing the web for you.) Scott Yancey’s Top 10 Fix and Flip Deal Destroyers […]

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Article: Four things you need to flip a house

Tuesday, July 12th, 2016

Clay Sparkman I came across this article by Justin Pierce, Four Things You Need To Flip A House, in Special to The Washington Post. It is well written and touches on some relevant/important points with regard to the matter of home-flipping. Since this is our sweet spot as a private money lender, I thought it […]

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Three potentially useful indicators of the likely movement of value

Wednesday, May 11th, 2016

Clay Sparkman Any good real estate investor should be attempting  to assess whether property values are rising, falling,  or holding in the area of his/her latest potential investment. After all, the core question when buying investment property (particularly short-term) is, “what is value likely to do in the next year or so?” If you sense […]

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Home flipping

Thursday, May 5th, 2016

Clay Sparkman As you know, our sweet spot is for loans to real estate investors. In particular, we do a lot of fix and flip, fix and hold, REO, short sale , and new construction. I feel that this recent Washington Post article, by Justin Pierce, “The four things you need to know to flip […]

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