Clay Sparkman As most of you know, my company (Fairfield Financial Services, LLC) does many kinds of private money loans, but our true sweet spot, I would have to say, is fix and flip properties (or fix and rent). We feel that this is a great time to be buying REO, short sale, and under […]
Posts Tagged ‘private money brokering’
Good advice for real estate fixer and flippers and their associates
Tuesday, June 4th, 2013Good news for real estate investors
Thursday, May 30th, 2013Clay Sparkman Well, if this isn’t good news, I don’t know what is: http://us.news-republic.com/Web/ArticleWeb.aspx?regionid=1&articleid=9562167 It appears that now is the time to be investing in real estate and real estate loans. We finally have a turn-around market that might actually be *real* and might actually be steady. Let’s hope it keeps going this way. There […]
Announcing: iPad 4 bonus to brokers closing loans with Fairfield
Wednesday, May 22nd, 2013Clay Sparkman We at Fairfield Financial Services (FFS) are pleased to announce our free iPad bonus promotional program. Starting Wednesday, May 22nd, we are offering a free promotional iPad 4 to any broker or borrower who submits a loan through FFS that we actually close. The conditions are as follows: (1) You must register with FFS […]
About hard money loans
Monday, May 20th, 2013Clay Sparkman There seems to be a lot of mysticism and confusion surrounding exactly what is meant by private money loans (also referred to as “hard money loans”). The boundaries have blurred a little in the past 10-15 years, but the basic idea of private money lending is that private individuals who have money to […]
Minding the gap
Thursday, May 2nd, 2013Clay Sparkman It is our opinion and the opinion of many others that banks, though they’ve bounced back in certain areas, have not picked up the slack when it comes to funding rehab, construction, and development loans. I have been on about this before, so I won’t go into great detail here. I think that […]
Loan sits on desk: how the heck do I place it?
Thursday, April 18th, 2013Clay Sparkman If you are having trouble finding the ever elusive lenders that you need for your particular client transactions and projects, a web based tool known as Lendicom.com may be of interest to you. The site is geared toward commercial lending (including construction, project, and development loans), and allows borrowers and brokers to sign […]
Some private money blogs which look pretty good to me
Wednesday, April 10th, 2013Clay Sparkman If you read this blog regularly, you will know that I am pretty much constantly scanning the internet for resources and materials that might be of value to my readers. Recently I came across several private money blogs that look to be quite good. I’d like to share those with you. The first […]
Loans we are placing – example
Monday, April 8th, 2013S. 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 […]
Reminder: new program for quick flip loans
Friday, April 5th, 2013Clay 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 […]
Fairfield private money loans – we love to work with brokers
Tuesday, April 2nd, 2013Clay Sparkman Fairfield Financial works hard to establish good working relationships with Loan Brokers. Though we do work directly with borrowers, we push toward being more of a wholesaler, and emphasize building relationships with professionals who can help their clients understand when private money might be an appropriate option to pursue. We will work with […]
