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

Posts Tagged ‘Nevada’

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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Musing the fix and flip

Tuesday, July 19th, 2016

Clay Sparkman I recently came across these articles while scanning the web. I don’t agree 100% with everything said, but all in all, there is some very good stuff here–and so I thought I’d share it with you. (Ever vigilant: I’m combing the web for you.) Scott Yancey’s Top 10 Fix and Flip Deal Destroyers […]

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Article: Four things you need to flip a house

Tuesday, July 12th, 2016

Clay Sparkman I came across this article by Justin Pierce, Four Things You Need To Flip A House, in Special to The Washington Post. It is well written and touches on some relevant/important points with regard to the matter of home-flipping. Since this is our sweet spot as a private money lender, I thought it […]

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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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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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Minding the gap

Wednesday, August 27th, 2014

Clay Sparkman This article was originally posted at this site in May of 2013 at this site. Since then, we have seen the number of construction and fix/flip loans that we do increase significantly. This seems to be a sweet spot for the private money market. That is, we are able to fill what would […]

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Reminder: Quick flip loan program added

Tuesday, October 29th, 2013

Clay Sparkman This is re-post (modified). As you probably know, we work with a lot of people who are doing quick flip properties/projects. That means: buying low, generally fixing up (though not always), and then selling fast, at a fair price, for a nifty profit. Until now, we have made many such loans, and we […]

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Funds available

Friday, December 7th, 2012

Clay Sparkman I think most of you know my company, Fairfield Financial. I just wanted to take a moment to put in a shameless plug, and let you all know that, with the upturn in the real estate economy, we have funds available for commercial loans of all types. Our sweet spot is relatively small […]

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In the way of good news

Monday, July 9th, 2012

Clay Sparkman I am re-posting two short articles that I posted on the investor blog recently. Why? Because they are quite positive and credible in their outlooks, and I feel that we could all use a dose of optimism with regard to real estate markets about now. (It has been a long five years.) Too […]

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