{"id":1008,"date":"2016-06-14T11:34:29","date_gmt":"2016-06-14T18:34:29","guid":{"rendered":"http:\/\/privatemoneysource.com\/broker-blog\/?p=1008"},"modified":"2016-06-14T11:34:29","modified_gmt":"2016-06-14T18:34:29","slug":"promotional-offer-2-for-real-estate-investors","status":"publish","type":"post","link":"https:\/\/privatemoneysource.com\/broker-blog\/?p=1008","title":{"rendered":"Promotional offer #2 for real estate investors"},"content":{"rendered":"<p><em>Clay Sparkman<\/em><br \/>\nWe 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.<br \/>\nThis week I&#8217;m putting up an alternative offer: 7% and 7 points.<br \/>\nAs a private money rehab and property investment lender, we are able  to provide a   variety  of creative solutions that are just not  available via more    conventional sources. If the parameters and  circumstances are right, we    are also able to overlook a number of  issues that might be problematic    with more structured lenders. Small  to medium rehab loans are  one   of our sweet spots, and we are geared  up to make as many as we can  this  season.<br \/>\nWe are offering a significant cut in the cost of our premium loans.  Our regular charge for a 12 month construction    loan is 5 points and  10-12%&#8211;the rate dependent on the particulars of    the loan.<br \/>\nStarting immediately, and for a period of six weeks, We are offering  (via brokers   and direct to  borrowers directly) one year rehab,  construction loans, and investment property loans on of up to 60% LTV,  priced at 7 points and 7%. (We will even consider a longer term, up to 2  years, if the circumstances warrant it.) Also  note that we charge no  prepayment penalty.<br \/>\nThe conditions are as follows of this promotion are as follows<br \/>\n(1)\u00a0\u00a0 You must register with FFS by sending an e-mail to <a href=\"mailto:clay@privatemoneysource.com\">clay@privatemoneysource.com<\/a> with \u201cPROMO-SEVEN-AND-SEVEN\u201d in the subject line and your name, company  name, and    phone number in the body of the e-mail, no later than  6\/30\/16.<br \/>\n(2)\u00a0\u00a0 You must submit a summary of your loan no later than 7\/7\/16, and FFS must approve the summary.<br \/>\n(3)\u00a0\u00a0 You must submit a complete loan packet, as required by FFS, no     later than 7\/14\/14, for the same loan for which you submitted a     summary in June.<br \/>\n(4)\u00a0\u00a0 The minimum loan size for this promotion is $150,000.<br \/>\n(5)\u00a0\u00a0 The loan must close no later than 7\/29\/16 .<br \/>\nCheck out our website for details re our loan criteria, our packaging guidelines, and our process.<br \/>\n<a title=\"http:\/\/www.privatemoneysource.com\" href=\"http:\/\/www.privatemoneysource.com\/\">www.privatemoneysource.com<\/a><br \/>\nI encourage you to sign up and give it a try. The real estate market     is up and rising, and we are just now entering a new fix and flip   season.<br \/>\nAll the best in your endeavors, Clay<br \/>\n\u2013 Clay (clay@privatemoneysource.com, 503-476-2909)<br \/>\n<em>Clay is Vice President of Fairfield Financial, a primary source     for private money since 1964.\u00a0 Fairfield is currently targeting loans  in    OR, WA, AK, CA, CO, ID, FL, GA, ID, MT, NV, NY, OK and TX.\u00a0 To  submit  a   loan to Fairfield for consideration: <\/em><a href=\"http:\/\/www.privatemoneysource.com\/loanproposal.php\">http:\/\/www.privatemoneysource.com\/loanproposal.php<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&#8217;m putting up an alternative offer: 7% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_s2mail":""},"categories":[16],"tags":[31,34,36,37,38,42,43,46,47,48,49,50,51,52,53,54,55,58,59,61,62,63,64,65,68],"_links":{"self":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/posts\/1008"}],"collection":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1008"}],"version-history":[{"count":0,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=\/wp\/v2\/posts\/1008\/revisions"}],"wp:attachment":[{"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1008"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1008"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/privatemoneysource.com\/broker-blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1008"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}