Dutch Langley
Info on Being a private lender
24 March 2019 | 8 replies
Also dont get over your ski tips.. your taking a junior position and as such you should make VERY Big interest like 20% or higher. or part of the profit.. because in essance your person is doing the deal with no skin in the game cash wise.. what happens in a water landing.. and the first goes into foreclosure can you stroke and check and pay the first off.
Sam Ng
Evaluating Shopping plaza Syndication Offering
8 March 2019 | 5 replies
I will check with sponsor if they are co-investing in this deal to know that whether they have their skin in the game. since you guys are in the syndication offering, so wanted to see if you see anything that is not in-line with market offerings or any other red flags.
Bryan Clement
Multiple cash flow streams
13 March 2019 | 6 replies
By having skin in the game, I became more aware of the market (nothing focuses attention better than having money at risk).This type of split allowed me to make tweaks as circumstances changed.
Alain Labrada
Project Manager for Out of town Projects, how to pay them?
10 March 2019 | 2 replies
I’m in at a point where I want my next move to be doing a BRRRR and I want my agent to also be like my Project Manager, but I need to come up with an idea on how to structure this.Basically I want her to be very involve and to have “skin in the game”.
Rich Hupper
Mortgage and Bankruptcy
6 September 2018 | 12 replies
Its amazing people were getting so much money for homes back then with no skin in the game.
Blake Hynes
Disadvantages of acceptin to take 2nd position mortgage as seller
17 February 2018 | 4 replies
If so, and you are in second position, if the buyer defaults on the primary mortgage and the lender forecloses, your second position will be wiped out and you will be left with nothing.The fact that the buyer has no actual skin in this game at all, because you are financing the downpayment, seems risky to me.
Libby Baugher
Should I use 30 yr or 15 yr loan for my rental properties?
12 June 2018 | 20 replies
No skin off my ....I have both so was sharing my experiences.
Sean Wilt
How tough are you on guests for reviews?
4 January 2019 | 23 replies
Had some other guys that didn't want to pay their full rent, and were being generally irritating.
Lou LaMedica
Unlimited opportunity to find out-of-state market
9 January 2019 | 22 replies
They have more skin in the game then you do.Make sure you get clear title.
Devonte Perdue
Wholesaling a property to a buyer with no cash
8 January 2019 | 4 replies
in theory yes. in actuality, no. reasoning: banks don't like loaning you money when you have no "skin in it" that's why you need down payments. you also need to cover closing costs. theoretically, banks may lend you money if the deal is so good that you have enough "instant equity" to cover their ***. for example, banks like loaning 80% of the value.