If my ultimate buyer's goal is to own a salon with units (arghh) then thel opportunity could be to buy at big discount, stop the contractor bleeding, re-sell the property subject to the existing first and wrap it with a second after getting either a big down payment or other major skin-in-the-game consideration from the ultimate buyer.

Sorry, let me get back down off my soapbox...this subject really irritates me!

A bonus for being early and/or a percentage of money saved on the project.You really want to give them skin in the game so that they will respond more or less as you would do when on the site.

They [investors] believe that it's OK to offer 65% of the list price when in fact, 99% of the time it's a waste of time, and probably irritating to the swamped asset manager.

Enough lime on your skin and it will burn badly.

:woohoo: :clap: The bird dog does sound like a partner as they have skin in the game.

They may not go for a 80/20 situation because then you have no skin in the game.

She became irritated with me and said to me, "Oh really?

Thanks again, Ill advise as we progressMattMatt,To elaborate a bit.You want the maximum cash in your pocket so you can move on to other deals and lower your exposure to this deal.That could mean proceeds from a loan or a down payment.The down payment is all about the buyer having skin in the game.

It irritates me to no end that the gurus try to promote this business as a win-win.