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21 May 2016 | 3 replies
I feel your pain, some helpful hints are rinsing with cold water first to close the pores before more fiberglass gets into your skin, then soaking effected area in warm water and epson salt.
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22 May 2016 | 5 replies
But even a hard money lender is likely going to require you to have some skin in the game.
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11 May 2017 | 42 replies
why as a wholesaler would you want to put homes under contract with all those liens on them especially if that kills the deal You wasting the time of buyers and sellers The liens are very common in this business Jyst trying to help other people to not just waste time saying we going to buy with cash if you don't know the house will close or not This is what causes wholesaling to get a bad name in my area If you are going to do this as a business it would be nice to know if it will close before lots of time is wasted on a deal that will not close I look at wholesaling different because I don't want to show my buyers a house that might not close I want to know it will close The wholesaler told me he did not know Lots of buyers I talked to in my area since have complained about wasting their time looking I am just posting this because it makes cash buyers irritated if they waste their time looking I like being able to tell my buyers title search done and they can close It cost 130 to do a title search This way part of the work is done when we go to closing at my title company I'm not being critical, just trying to give insights to other investors in my area and what happens when you just put houses under contract
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25 May 2016 | 7 replies
Also, they are unlikely to let you in with no skin in the game.
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25 May 2016 | 5 replies
Honestly in any case, you should have skin in the game before an investor decides to go with you. or you better have a lot of assets in your name that can be used as collateral if you want to go the no money down route.
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31 May 2016 | 15 replies
I stepped in and negotiated these all out for them. paying a bunch off foreclosing on a bunch etc etc. they got out of it by the skin of their teeth but lost ALL their money.
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28 May 2016 | 9 replies
If the deal is too thin to support a hard money loan and/or there is not enough borrower skin in the game to recoup your capital if things go awry, then you can lose money just like any other investment where capital is put at risk to earn a return.
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31 May 2016 | 24 replies
Personally, I wouldn't invest w/ a first-time lead who has no "skin in the game", and prefer that even seasoned deal sponsors have aligned interests via their equity investment.
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29 May 2016 | 17 replies
Good Credit, guaranteed money back, skin in the game (money down)????
1 June 2016 | 3 replies
When I lend money to flippers I insist for them to have a skin in the game.