Clay 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 […]
Posts Tagged ‘hard money brokering’
Fairfield Financial – rehab and construction loans
Wednesday, March 26th, 2014Fairfield 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 […]
Are hard money loans worth the hassle?
Thursday, January 23rd, 2014Clay Sparkman I apologize for being so long between blog posts as of late. I was in Chile, with my family during the holiday, and I can tell you: it is hard to think of interesting blog posts when it is 80 degrees and sunny every day. I came across the following post by Brian […]
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 […]
More REO opportunites for the little guy
Thursday, September 5th, 2013Clay Sparkman As I have indicated recently, it seems that REO purchase opportunities have been tough for the little guys out there due to dominance of several ginormous buyers who are gobbling up everything they can get from the banks, I think there may be hope that this trend is beginning to shift. The following […]
The beauty of private money loans – when they're right, they're right
Wednesday, August 28th, 2013Clay Sparkman Historically we have placed loans in the 12-14% range, but in the current market we are finding that this may be a bit high. Especially if a lender is willing to come down to 10-11%, there are little golden nuggets of opportunity presenting themselves. Here, by way of example, is a loan that […]
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 […]
