Fairfield Financial Services, Inc. - Private Money Loans, Lending & Borrowing

Posts Tagged ‘Quick flip loans’

Loans we are placing – example

Monday, April 8th, 2013

S. 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 […]

Read the rest of this post »

Reminder: new program for quick flip loans

Friday, April 5th, 2013

Clay Sparkman This is a re-post: 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 […]

Read the rest of this post »

Rehab and construction loan FAQ

Thursday, February 14th, 2013

Clay Sparkman One of the most promising areas at the moment for real estate investors and brokers, by all indications, is 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 (with a […]

Read the rest of this post »

Quick flipping

Thursday, February 7th, 2013

Clay Sparkman 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 have done so as […]

Read the rest of this post »

Draw process for rehab and construction loans

Tuesday, February 5th, 2013

Clay Sparkman We plan to do as many rehab and construction loans as we can this year. We see great potential in that area. Builders are under-building (by a substantial number), and this is mostly because banks haven’t recovered to the point where they aren’t comfortable doing construction style lending–and thus there aren’t many options […]

Read the rest of this post »

Investing in real estate in 2013: Three articles you should read

Thursday, January 31st, 2013

Clay Sparkman On occasion, I try to publish links to articles that are relevant, useful, and interesting. Here are three articles which give useful perspective on the matter of investing in real estate in 2012—each from a different perspective. A money.cnn article on how to find real estate opportunities in 2013: http://money.cnn.com/2012/12/01/real_estate/housing-outlook-2013.moneymag/index.html Dailyresearchhunter.com on global […]

Read the rest of this post »

2013: Think construction loans

Friday, January 25th, 2013

Clay Sparkman I rather enjoyed the following article in the www.thefiscaltimes.com (quite an impressive publication at first blush), and thought it would be a good one to share. “Ten Real Estate Trends to Watch in 2013” http://www.thefiscaltimes.com/Articles/2012/12/06/10-Real-Estate-Trends-to-Watch-in-2013.aspx#page1 The article begins by noting that “national home prices have been on the uptick for eight straight months,” […]

Read the rest of this post »

2013 – The year of the quick flip

Wednesday, January 23rd, 2013

Kris Gillmore and Clay Sparkman Over the past five years we’ve all watched real estate prices come crashing down, in many cases forcing lenders to foreclose and take back the property. Although this is a sad misfortune for some, it is a tremendous opportunity for others. With regard to quick-flip investment property, we have always been of […]

Read the rest of this post »

Funds available

Friday, December 7th, 2012

Clay Sparkman I think most of you know my company, Fairfield Financial. I just wanted to take a moment to put in a shameless plug, and let you all know that, with the upturn in the real estate economy, we have funds available for commercial loans of all types. Our sweet spot is relatively small […]

Read the rest of this post »

Getting high quality loan submissions that fit your programs via Lendicom

Thursday, October 11th, 2012

Clay Sparkman If you are a broker or borrower of real estate secured commercial money, Lendicom may be of particular interest to you. This site is geared toward commercial lending, and allows borrowers and brokers to sign up and submit specific loan proposals to lenders who have also signed up online. Presently we have a database […]

Read the rest of this post »