S. Clay Sparkman In Part I, I began a discussion of my gripes and likes regarding the private money lending business and various industry related matters, items, and issues. I allowed myself to amble a bit far afield and concluded by mentioning a book about the legal profession which I personally found to be informing […]
Posts Tagged ‘hard money loans’
The private money lending business: Likes and gripes (Part II of III)
Friday, March 26th, 2021The private money lending business: Likes and gripes (Part I of III)
Monday, March 8th, 2021S. Clay Sparkman Some time ago, I published a 3-part post on our Private Money Investor blog regarding my personal likes and gripes as a purveyor of private money. This has been my sole job for the past 27-years, so I like to rant and rave about it every now and then. After all, who […]
Where do we go from here?
Friday, January 22nd, 2021S. Clay Sparkman What the…what just happened? Was that 2020 that just ran over our nation like a buss out of control, knocking down everything in its path? Uh, yes. Today is January 22nd, 2020! We have a new POTUS and VPOTUS in The White House. We have a new congress ruled by a razor […]
Covid-19 be damned!
Monday, October 12th, 2020S. Clay Sparkman Okay, so here we are. Halloween is just around the corner. (I wonder how that is going to work. One good thing: There should be plenty of masks.) But let me not deter my own intentions. So here we are: We’ve crawled through 7+ months of unanticipated and unpredictable Covid DMZs and […]
Covid-19 and real estate markets
Tuesday, March 17th, 2020S. Clay Sparkman Clearly these are unusual times worldwide. We have very little precedent to draw on in in speculating about how Covid-19 will affect real estate markets in the US. Most investors, of course, don’t like uncertainty. So many will tend to take their chips off the table when things get weird. At the […]
Using a private money option
Friday, February 14th, 2020S. Clay SparkmanJust about every broker should have a private money option to go to. Here are a few quick tips on how to get that going.(1) Find a Lending source that you like and trust. Also, make sure that they will work with you, guiding you through the process AND giving you quick feedback […]
National home pricing and supply
Friday, January 24th, 2020S. Clay Sparkman A recent article (“Supply of homes for sale hits record low, and prices suddenly jump,” penned by Diane Olick at the CNBC site, posted 1/22/20) discusses the current numbers and issues related to home supply, demand, and pricing. It seems that in general, high demand for housing coupled with a precariously low […]
A Typical Loan
Wednesday, December 4th, 2019Clay Sparkman Here is a prospectus for a loan that we placed in 2019. This is fairly typical of the types of loans that we do. We provide samples of our work several times per year. Not only does it give borrowers and brokers a better idea of the kinds of things that we do, […]
The private money lending business: likes and gripes (part I)
Friday, September 6th, 2019Clay Sparkman Awhile back I published a 3-part post on my Private Money Investor blog regarding my personal likes and gripes as a purveyor in of private money. This has been my sole job for the past 20 years. Who wouldn’t want to go rant and rave publicly about their job? I guess I could […]
Flexibility and creativity: the beauty of private money loans
Wednesday, August 7th, 2019Clay Sparkman This post was first published on this site on July 6th. 2010. Our private money lending programs tend to be fairly rigid with regard to LTV requirements but quite forgiving with regard to most other issues. One of the nice things about private money is that it allows for creative problem solving. I have put […]
