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

Posts Tagged ‘REO funding’

Prognostication regardiing the real estate marketplace

Thursday, October 22nd, 2015

Clay Sparkman Okay, it has been a good nine months since I last posted. Let’s just say it’s a long story. At any rate, I’m back–so expect regular postings going forward. It looks like HML Investments predicts that this is a good time to consider hard money. HML Investments Releases Latest Prognostication Regarding the Real […]

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The early flipper gets the worm

Thursday, January 15th, 2015

Clay Sparkman We are running a new promotion designed to get fix and flip investors going fast in this new year. This is the best that we have ever offered, and we are running it in order to bring in new borrower and give them the maximum opportunity to succeed at their venture(s). As a […]

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Flexibility and creativity: the beauty of private money loans

Wednesday, November 5th, 2014

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 other issues.   One of the nice things about private money is that it allows for creative problem solving.   I have […]

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3 recent posts on hard money loans that are worth reading

Tuesday, October 21st, 2014

Clay Sparkman Here are three three recent posts that pertain to hard money loans that will almost surely enhance your knowledge of the current state of the market. Financing With ‘Hard Money’ Here The Hard Money Loan Funding Process: A Guide for Rehabbers Here Hard Money Lenders Fear Overreach Here Let me know if you […]

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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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Quick flip loan program kicks into high gear

Tuesday, July 1st, 2014

Clay Sparkman It seems that quick flips are becoming quite common again, with the regular small time investor. We are getting all kinds of requests. 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 […]

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Fairfield Financial – rehab and construction loans

Wednesday, March 26th, 2014

Clay Sparkman As a follow up to my recent posting (Fairfield Financial – getting to know us), I am posting a similar resource, but one that is dedicated solely to rehab and construction loans. Since this is our sweet spot, I thought it would be appropriate to share this as well. We work with many […]

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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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2014: Bring on the quick flip

Thursday, January 2nd, 2014

This article was originally posted on this site, on 1/23/13, as “2013: The year of the quick flip.” Did 2013 turn out to be the year of the quick flip? We certainly did our share of quick flip loans. However, I think that we failed to anticipate one thing: bulk buyers. Several very large bulk […]

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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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