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

Posts Tagged ‘Multifamily’

Fairfield Financial – getting to know us

Thursday, March 20th, 2014

Clay Sparkman I am often asked to give potential brokers or borrowers a run-down on Fairfield Financial. What kinds of loans do we do? What is our process? What is our tme-line? what are our terms? That kind of thing. Verbally it takes a good hour to cover all the basics, so we at Fairfield […]

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The big stretch – repost

Thursday, October 10th, 2013

Clay Sparkman This article was originally posted at this site in August of 2010. I feel that these essential points are so important for those seeking creative ways to get deals done that I felt I should post it again (I have made some modifications to the original article so as to bring the facts […]

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Flexibility and creativity: the beauty of private money loans

Monday, June 17th, 2013

Clay Sparkman This post was originally published on this site on July 6th. 2010. I feel that the information within is so important to a full understanding of private money flexibility and creativity, that I modified the document, bringing it up to date, and am publishing it here now once again. Our private money lending […]

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Minding the gap

Thursday, May 2nd, 2013

Clay 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 […]

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What the media is saying about private money markets

Thursday, March 14th, 2013

S. 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 […]

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2013: Think construction loans

Friday, January 25th, 2013

Clay 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,” […]

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2013 – The year of the quick flip

Wednesday, January 23rd, 2013

Kris Gillmore and Clay Sparkman Over the past five years we’ve all watched real estate prices come crashing down, in many cases forcing lenders to foreclose and take back the property. Although this is a sad misfortune for some, it is a tremendous opportunity for others. With regard to quick-flip investment property, we have always been of […]

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What's Going On Out There?

Friday, February 3rd, 2012

Clay Sparkman With the decline of real estate prices and concern about the global economy, there is a lot of speculation regarding the timeline of this recession. In conversations with brokers, investors, and developers throughout the country, the topic often turns to one common question: what’s going on out there? I’ve heard what the experts […]

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Submitting private money loans

Wednesday, December 7th, 2011

Clay Sparkman One of the challenges for individuals and professionals pursuing a private money option is figuring out what information to provide for a specific loan request (and in what format).  Because the questions and issues are quite different for private money, and certainly different within the private money context depending on the type of […]

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Top Ten Ways you know it might be time to consider private money

Wednesday, October 26th, 2011

Clay Sparkman This has been a tough four years for many of us, so in celebration of the anniversary of the sub-prime collapse, I thought it would be nice to start off  by having a little fun. With that in mind, I have prepared a top ten list, Top Ten Ways you Know it Might […]

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