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

Posts Tagged ‘real estate rental’

Flexibility and creativity: the beauty of private money loans

Wednesday, August 7th, 2019

Clay 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 […]

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Construction and rehab loan proposal

Friday, May 17th, 2019

Clay Sparkman We have run this program on several occasions, and we are so excited about this specific niche that we are going to run it again in honor and celebration of summer. As a private money construction lender, we’re able to provide a variety of creative solutions that are just not available via more […]

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Home rehab season is here

Friday, April 5th, 2019

S. Clay Sparkman Once again it is spring, and that means that its time for the builders season to get underway.  We finance new construction, but have also done a great many small rehab projects over the years. The numbers indicate that rehab activity is down generally over this past few years. If I were […]

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Sunshine and hard money

Tuesday, March 19th, 2019

Clay Sparkman Summer is just around the corner! In the Pacific Northwest, that means it is time to play–or for those who are investing in real estate projects, perhaps the reprieve from the rain means that it’s time to get to work on purchase and rehab projects. As much as 80% of the loans that […]

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Top ten reasons to consider using a different source for your private money loan

Friday, February 8th, 2019

Clay Sparkman I posted this years ago. Being Friday and all, I figured it would be nice to have a laugh. Enjoy! I remember when I first came into this business 25 years ago, the general attitude toward private money–and private money lenders and brokers–was quite negative.  And to a certain extent, the reputation was […]

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Using a private money option

Monday, November 26th, 2018

S. Clay Sparkman Just 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 […]

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Sample loan

Tuesday, October 23rd, 2018

Clay Sparkman Here is an example of a loan that we recently placed. We like to give samples from time to time.  Not only does this give borrowers and brokers a better idea of the kinds of things that we do, but it also gives them a nice working format for presenting new loans. Kristopher […]

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Promotion: Best promotion we have offered in 54 years

Tuesday, June 5th, 2018

Clay Sparkman It seems that quick flips are becoming quite common again, with the regular small-time investor. This is a favorite niche of ours. We particularly like to make these loans happen. As you probably know, we work with a lot of people who are doing quick flip properties/projects. That means: buying low, generally fixing […]

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Some interesting real estate and hard money loan articles

Wednesday, May 2nd, 2018

Clay Sparkman As I go about my way, trying to make sense of real estate markets in various parts of the US and in the US in general AND trying to determine what that means for the private money loan business, I come across articles that I feel are probably share-worthy. In that spirit, I […]

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Greatest Promo Offer by Fairfield – Private Money Loans

Wednesday, December 6th, 2017

Clay Sparkman We at Fairfield would like to run a special loan program to give this holiday season (and the sluggish period typically coming out of it) a kick in the butt. Hey, we can celebrate with our families and friends, and still get a few things setup and ready to go in 2018, right? […]

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