Clay Sparkman This article was originally posted on my lender blog in January of 2010. Now, some 15 months later, it still seems pretty much timely, That worries me. I’d like to hear your thoughts on this matter. You brokers are the real experts. Please give voice. One of my dear good readers sent the […]
Posts Tagged ‘hard money loans’
Won’t somebody please call a plumber … the banks are clogged
Tuesday, April 19th, 2011Off the beaten path
Tuesday, April 12th, 2011Clay Sparkman Private money might well be thought of as a multi-purpose tool–a tool for getting those tough jobs done. You might imagine it to be a Swiss Army Knife, or better yet, a Leatherman Tool. It is not for those straightforward tasks that you encounter from day to day along the beaten path. It […]
Resources – show me the good stuff!
Tuesday, March 29th, 2011Clay Sparkman I have long searched for resources that might be useful to those who wish to learn more about private money and hard money loans, and in the process I have become increasingly convinced that our particular niche field is somewhat of an intellectual/informational wasteland. Every time I stumble upon an article or site […]
Don’t get mad, get going
Thursday, March 10th, 2011Clay Sparkman It is often quite difficult for professionals to get a sense of what hard money is all about and to know when it is the best option for putting a transaction together. I have found that the best way to teach is by example. So to that end I will profile some sample […]
How to broker private money loans when real estate markets are uncertain
Sunday, March 6th, 2011Clay Sparkman We’ve been through nearly 3 ½ rough years in the real estate market—and projections seem to indicate that we will finally see clear up-turn in the second half of this year, but no one really knows for sure. We have managed to survive this down-time (all who are still present please take a […]
How to communicate your deals
Monday, February 28th, 2011S. Clay Sparkman and Richard Sundvall There are certain key pieces of information that we need to know when we’re sizing up a deal. Having this information when you contact us can speed up the process considerably. Also, if you have these pieces in hand you can talk about your deal more clearly and present […]
Fairfield broker promotion – free iPad
Thursday, February 10th, 2011Clay Sparkman We at Fairfield Financial Services (FFS) are pleased to announce that we will once again be running our free iPad bonus promotional program. Starting Friday, February 11, we are offering a free promotional iPad to any broker or borrower who submits a loan through FFS that we actually close. The conditions are as […]
The private money lending business: likes and gripes (part III)
Friday, February 4th, 2011Clay Sparkman I finished Part II with a brief mention of something I quite like about the trust deed system: that is, the option (generally available) to foreclose judicially. Before moving on, I’d like to offer you a crude little decision tree which shows how investors might go about making the decision whether to foreclose […]
The private money lending business: likes and gripes (part II)
Thursday, January 13th, 2011Clay Sparkman In Part I, I began a discussion of my gripes and likes regarding the private money lending business and various industry related matters, items, and issues. I allowed myself to amble a bit far afield and concluded by mentioning a book about the legal profession which I personally found to be informing and […]
The private money lending business: likes and gripes (part I)
Wednesday, January 5th, 2011Clay Sparkman Awhile back I published a 3-part post on my Private Money Investor blog regarding my personal likes and gripes as a purveyor in of private money. This has been my sole job for the past 20 years. Who wouldn’t want to go rant and rave publicly about their job? I guess I could […]
