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11 May 2021 | 6 replies
The county/city zoning board has said this unit is not an issue and is grandfathered in, but he's worried about the more stringent FHA appraisal/inspection3) Buyer "skin in the game" - doesn't want to be left holding the property again as this has happened to him at least twice on previous land-contract/CFD arrangements4) Ability for buyer to acquire traditional financing at balloon5) Effective total cash to the seller is a primary driverWe submitted an offer that solves all these problems:Property A:Purchase price: 360k using FHA loan, owner-occupiedProperty B:Purchase price: 305k, 0% down, 25 yr amortization, 5 yr balloon, 4% interest rateNote + mortgage arrangement with professional loan servicing/escrowAssuming a 9% annual return in the stock market, this arrangement is equal in total cash to seller (including accounting for inflation,etc).
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19 May 2021 | 11 replies
There are many ways to skin a cat.
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19 May 2021 | 95 replies
YUP if folks were truly poor and govmit was not feeding them we would have all sorts of skin and bones people walking around in rags. when in fact those on public assistance are not starving as we know..
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13 May 2021 | 2 replies
This leaves the buyer with no skin in the game. 3.
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13 May 2021 | 1 reply
If I provide some equity to put skin in the deal, is there a percentage below 50% that makes sense to get 50% equity in the deal?
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14 May 2021 | 3 replies
Ive been listening to the podcast for years now and Im just happy to finally have some skin in the game.
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14 May 2021 | 1 reply
This shows the seller that the buyer has more skin in the game.
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15 May 2021 | 1 reply
San Antonio - Looking to network and get referrals specifically for top-notch, skin-in-the-game property management firms, where the owners and principals themselves own rental properties.
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25 May 2021 | 14 replies
It's definitely something I explored and want to be able to utilize my skills, however, would like to find a way to find some skin in the game of RE.
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10 November 2021 | 8 replies
Using seller financing, partnering with a private lender, and other creative ways to finance your deal will help you close on the property without having to put any skin in the game.