I first published this post on The Private Money Investor Blog on Dec 19, 2009. It is clearly directed toward a private money investor audience. However, from time to time, I like to post articles on this blog which give more of that particular perspective. If you really wish to understand the private money lending […]
Posts Tagged ‘hard money loans’
Trust deed lending – ten mistakes you should never make and ten mistakes you must never make
Thursday, March 28th, 2013What the media is saying about private money markets
Thursday, March 14th, 2013S. Clay Sparkman I spend plenty of time cruising the web for interesting articles that are relevant to the current state of hard money lending, brokering, and borrowing. I don’t always agree with everything I find, but it is useful to evaluate varying points of view, and I certainly wouldn’t pass along any article that […]
What exactly do you want me to do for you?
Monday, March 11th, 2013Clay Sparkman When evaluating loan requests, this is the fundamental question: what exactly do you want me to do for you? It is impossible to count the number of times that I have receive loan packets or proposals that didn’t include a loan summary or any clear description of the request. The process of evaluating […]
Web based resources for the private money professional (re-post)
Friday, February 22nd, 2013Clay Sparkman I originally published this article in January of 2010. Two years later, I think it is as useful as ever. Thus the re-post (for those who missed it the first time around). Today I will focus on a few web based tools that I have found to be useful in the business. Let’s […]
Rehab and construction loan FAQ
Thursday, February 14th, 2013Clay 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 […]
Draw process for rehab and construction loans
Tuesday, February 5th, 2013Clay 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 […]
2013: Think construction loans
Friday, January 25th, 2013Clay 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,” […]
Where do you go to learn about private money?
Friday, January 11th, 2013I can’t tell you how many times I have been asked by prospective private money investors, “Where do I go to learn more about this? Where are the books? Where are the articles? where are the websites” I have generally had to shrug my shoulders and say, “You know, I don’t know.” I can’t tell […]
