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 […]
construction loans
Private money as a source for home mortgage loans
Wednesday, September 28th, 2016Our sweet spot: Rehab and Constrcution loans
Thursday, April 21st, 2016Clay Sparkman One of the most promising areas at the moment for real estate investors and brokers, by all indications, is new construction, REO, short sale, rehab, and quick flip 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 […]
First of the year construction loan promotion
Friday, January 9th, 2015Clay Sparkman We have run this particular construction loan program on several occasions, and we are so excited about this particular niche that we are going to run a similar promotion to get the year off to a good start–for all of us. After all, at least in the more moderate climates, now is the […]
Flexibility and creativity: the beauty of private money loans
Wednesday, November 5th, 2014Clay Sparkman This post was first published on this site on July 6th. 2010. 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 […]
Minding the gap
Wednesday, August 27th, 2014Clay Sparkman This article was originally posted at this site in May of 2013 at this site. Since then, we have seen the number of construction and fix/flip loans that we do increase significantly. This seems to be a sweet spot for the private money market. That is, we are able to fill what would […]
May construction loan promotion
Tuesday, April 29th, 2014Clay Sparkman We ran a construction loan program in April, and we are so excited about this particular niche that we are going to run the same basic promotion in May. Now is the time to build! As a private money construction lender, we are able to provide a variety of creative solutions that are […]
Fairfield Financial – rehab and construction loans
Wednesday, March 26th, 2014Clay Sparkman As a follow up to my recent posting (Fairfield Financial – getting to know us), I am posting a similar resource, but one that is dedicated solely to rehab and construction loans. Since this is our sweet spot, I thought it would be appropriate to share this as well. We work with many […]
2014: Bring on the quick flip
Thursday, January 2nd, 2014This article was originally posted on this site, on 1/23/13, as “2013: The year of the quick flip.” Did 2013 turn out to be the year of the quick flip? We certainly did our share of quick flip loans. However, I think that we failed to anticipate one thing: bulk buyers. Several very large bulk […]
Reminder: Quick flip loan program added
Tuesday, October 29th, 2013Clay Sparkman This is re-post (modified). As you probably know, we work with a lot of people who are doing quick flip properties/projects. That means: buying low, generally fixing up (though not always), and then selling fast, at a fair price, for a nifty profit. Until now, we have made many such loans, and we […]
Announcement: Launch of exciting new commercial program
Monday, September 9th, 2013Clay Sparkman I am pleased and excited today to launch one of the most comprehensive and competitive commercial programs that we have ever been in a position to offer. The basic parameters of this program are as follows: The program covers multifamily, mobile home parks, industrial, office, retail, developed land, raw land, and construction Coverage […]
