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 asked them how they had determined the appropriate value for the property, they were hard pressed to give me a reasonable answer. Real estate investing, renovation, and flipping is a risky business and it requires a great deal of time and effort. A property investor should never make an offer without doing his/her homework first. They may be eager to just get a project going, but it is not worth it to take the chance of going into a projected that is doomed from the start. (It reminds me of the title of the book by Robert Fulghum: It was on Fire When I Lay Down on it.) Don’t lay down on a bed that is already on fire. Give yourself every chance to succeed.
At FFS, we offer private money loans for projects of this sort, and as an added bonus, you’ll get some nearly 100 years of experience analyzing your project and what we deem to be its chances of succeeding.
Best, Clay
— Clay (clay@privatemoneysource.com, 503-476-2909)
Clay is Vice President of Fairfield Financial, a primary source for private money since 1964. Fairfield is currently targeting loans in OR, WA, AK, CA, CO, ID, FL, GA, ID, MT, NV, NY, OK and TX. To submit a loan to Fairfield for consideration: http://www.privatemoneysource.com/loanproposal.php
Tags: hard money borrowing, hard money brokering, hard money loans, private money borrowing, private money brokering, private money loans, Quick flip loans, real estate investing, rehab loans, Washington
