Clay 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 […]
Posts Tagged ‘construction loans’
How to broker private money loans when real estate markets are uncertain
Sunday, March 6th, 2011How 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 […]
A story of adaptation: or how to survive and succeed in a challenging real estate market
Sunday, November 7th, 2010Guest post by Matthew Whitaker, Managing Member of Magnolia Partners, LLC and Golden Key, LLC In December of 2007 we were faced with a decision. After three years of successfully flipping properties to low and moderate income buyers, we awoke one day with no buyers and no plan to find new ones. Our dilemma was […]
Fairfield broker promotion – free iPad UPDATE
Saturday, October 23rd, 2010Clay Sparkman We are sending out this update to amend the rules for he iPad giveaway. We accidentally left two items out. We at Fairfield Financial Services (FFS) are pleased to announce our free iPad bonus promotional program AND that we now have sources available to lend with no maximum on commercial loans in all […]
Fairfield broker promotion – free iPad
Saturday, October 23rd, 2010Clay Sparkman We at Fairfield Financial Services (FFS) are pleased to announce our free iPad bonus promotional program AND that we now have sources available to lend with no maximum on commercial loans in all 14 of the states that we service. Starting Monday, October 25th, we are offering a free promotional iPad to any […]
When life gives you lemons …
Thursday, September 9th, 2010Clay Sparkman I recently posted this article on my investor blog, The Private Money Investor. Even though the article is targeted toward investors who put their money into private money loans, I think it is appropriate to post it here. After all … just look around you … this is where the game is. I […]
The ever elusive lender
Wednesday, September 1st, 2010Clay Sparkman If you don’t believe that lenders are getting hard to find, read this article from the New York Times: In Hard Times, One New Bank (Double-Wide). Kind of scary, huh? If you are having trouble finding the ever elusive lenders that you need for your particular client transactions and projects, a web based […]
Ignoring the experts
Monday, August 2nd, 2010Clay Sparkman One thing I can tell you about private money is that the regular rules don’t work there. And in fact, there aren’t really any rules that you can count on. At best, there are guidelines and these vary greatly depending on the broad spectrum of particulars that define a particularly loan request. With […]
The infinite universe of private money
Friday, July 16th, 2010Clay Sparkman and Richard Sundvall 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 put many transactions together, that initially didn’t appear to […]
