Clay 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 […]
Rehab and constuction loans
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 […]
Rehab and construction loan FAQ
Friday, June 18th, 2010Clay Sparkman 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. And yet it is difficult for most end-buyers (with a non-profit […]