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

Posts Tagged ‘Commercial loans’

Article: The search for a better loan

Wednesday, January 4th, 2017

Clay Sparkman This article, The Search for a Better Loan, published in Scotsman Guide, should be useful to most Brokers trying to juggle the needs and interests of investment property borrowers. Scotsman Guide is an excellent resource available online, with good articles and excellent information regarding different types of commercial money sources and particulars regarding […]

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Ask an Investor

Wednesday, December 21st, 2016

Clay Sparkman I came across the following blog posting by Jersey Digs, and felt that it would be worth passing along to interested borrowers and brokers: Ask an Investor: How did you get started? How do you make money? I hope you found that to be useful. Any feedback would be much appreciated. If you […]

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Rehab and construction loan FAQ (revised) – a blog

Thursday, December 15th, 2016

Clay Sparkman Here is an updated version of Fairfield’s Rehab and Construction Loan FAQ. One of the most promising areas, at the moment, for real estate investors and brokers, by all indications, is REO, rehab, and quick flip of properties. The opportunity to buy distressed properties at a low price point is evident in many markets. […]

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5 Things to know about private construction loans

Tuesday, October 11th, 2016

Clay Sparkman I recently came across this five year old (but still very relevant) article written for David C. Scott for the Scotsman Guide 5 Things to know about private construction loans It seems to fir pretty well with my own overall perception. As such, I thought I would publish it here and then go […]

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Traversing the Private-Money Path

Wednesday, August 17th, 2016

Clay Sparkman A good article in The Scotsman Money Guide, providing a a road-map through the private-lending landscape, for brokers and borrowers: Here By the way, if you do not already use The Scotsman Money Guide (either the online or paper version), I highly recommend it as an excellent guide to various lender resources. They […]

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The art of the summary

Tuesday, July 5th, 2016

Clay Sparkman The Art of the Summary Between phone calls, emails, and on-line submissions, we receive a tremendous number of loan requests. It’s pretty common for these loans to have tight deadlines, so here are three ways to speed up the process. 1)      Use the on-line proposal form and provide all the applicable information.  This form […]

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Private money loans – a broad perspective

Monday, June 27th, 2016

Clay Sparkman I came across this article, Private Lending Presents Opportunities for Investors by Jeff Brown, in US News. It gives a very broad perspective on private money lending. For example, it includes references crowd-sourcing and unsecured loans. I thought it might be worth sharing with you all, as you contemplate your options for non-bank […]

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Promotional offer #2 for real estate investors

Tuesday, June 14th, 2016

Clay Sparkman We are running several new promotions, primarily aimed at real estate investors, to really get costs down on financing and thus open up the possibility for more profitable deals. Last week I put up a blog post about a 12% and 2 point offering. This week I’m putting up an alternative offer: 7% […]

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Promotional offer for real estate investors

Wednesday, June 8th, 2016

Clay Sparkman We are running a new promotion, primarily aimed at real estate investors, to really get costs down on financing and thus open up the possibility for more profitable deals. This is the best that we have ever offered, and we are running it in order to bring in new borrowers and give them […]

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Visualizing the industry

Thursday, May 19th, 2016

Clay Sparkman With regard to forward thinking (that is, how is the industry changing?): I thought you might appreciate this article, Private Lending Sector Making Big Noise for Real Estate Investors, by Ben Stoodley: Here Certainly he is correct with regard to his interpretation of current trends, and one must wonder how far this might […]

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