Clay 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 […]
Posts Tagged ‘Short sales’
Flexibility and creativity: the beauty of private money loans
Wednesday, November 5th, 20143 recent posts on hard money loans that are worth reading
Tuesday, October 21st, 2014Clay Sparkman Here are three three recent posts that pertain to hard money loans that will almost surely enhance your knowledge of the current state of the market. Financing With ‘Hard Money’ Here The Hard Money Loan Funding Process: A Guide for Rehabbers Here Hard Money Lenders Fear Overreach Here Let me know if you […]
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 […]
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 […]
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 […]
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 […]
The big stretch – repost
Thursday, October 10th, 2013Clay Sparkman This article was originally posted at this site in August of 2010. I feel that these essential points are so important for those seeking creative ways to get deals done that I felt I should post it again (I have made some modifications to the original article so as to bring the facts […]
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 […]
