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

Posts Tagged ‘Washington’

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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Private money loans – a broad perspective

Monday, June 27th, 2016

Clay Sparkman I came across this article, Private Lending Presents Opportunities for Investors by Jeff Brown, in US News. It gives a very broad perspective on private money lending. For example, it includes references crowd-sourcing and unsecured loans. I thought it might be worth sharing with you all, as you contemplate your options for non-bank […]

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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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Home flipping

Thursday, May 5th, 2016

Clay Sparkman As you know, our sweet spot is for loans to real estate investors. In particular, we do a lot of fix and flip, fix and hold, REO, short sale , and new construction. I feel that this recent Washington Post article, by Justin Pierce, “The four things you need to know to flip […]

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Special quick flip loan program

Tuesday, January 26th, 2016

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 […]

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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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