Clay 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 […]
Fundamentals
Our sweet spot: Rehab and Constrcution loans
Thursday, April 21st, 2016Guest Post: Private Lending—Turning Trash Into Treasure
Monday, November 30th, 2015Clay Sparkman I came across this blog post by Jeffrey Tesch recently. It was originally posted at cpexecutive.com on October 19, 2015. After working to articulate the various practical issues of private money for many years, I felt that it would be nice to offer a fresh voice/perspective on the matter. I contacted a representative […]
Fairfield Financial – getting to know us
Thursday, March 20th, 2014Clay Sparkman I am often asked to give potential brokers or borrowers a run-down on Fairfield Financial. What kinds of loans do we do? What is our process? What is our tme-line? what are our terms? That kind of thing. Verbally it takes a good hour to cover all the basics, so we at Fairfield […]
Private money – another perspective
Thursday, August 22nd, 2013Clay Sparkman I thought this was a nice piece on private money and finding sources, by Brian Kline. How to find Money Partners for Real Estate Investing As the real estate markets are improving, the opportunities revealing themselves, and the bank rates coming up–it seems like private money is becoming, once again, more relevant ever […]
The language of private money
Wednesday, July 10th, 2013Clay Sparkman This post was first published on this blog on 7.20.10. Occasionally I go back and look for high value posts, knowing that either new members were not there when they were originally posted, or that long-time members may have missed them on the first run. This is one of those posts that I […]
Flexibility and creativity: the beauty of private money loans
Monday, June 17th, 2013Clay Sparkman This post was originally published on this site on July 6th. 2010. I feel that the information within is so important to a full understanding of private money flexibility and creativity, that I modified the document, bringing it up to date, and am publishing it here now once again. Our private money lending […]
About hard money loans
Monday, May 20th, 2013Clay Sparkman There seems to be a lot of mysticism and confusion surrounding exactly what is meant by private money loans (also referred to as “hard money loans”). The boundaries have blurred a little in the past 10-15 years, but the basic idea of private money lending is that private individuals who have money to […]
Some private money blogs which look pretty good to me
Wednesday, April 10th, 2013Clay Sparkman If you read this blog regularly, you will know that I am pretty much constantly scanning the internet for resources and materials that might be of value to my readers. Recently I came across several private money blogs that look to be quite good. I’d like to share those with you. The first […]
Loans we are placing – example
Monday, April 8th, 2013S. Clay 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 feel that loans should be presented. Keep in mind that […]
How to read an appraisal
Tuesday, March 26th, 2013Clay Sparkman This article was originally published, on this blog, on 8/9/10. 2 ½ years later, I feel it is worthy to be modified slightly and published again. Whatever you do in the real estate business, I highly recommend that you give this post a good read. The most important thing that you must understand […]
