don't be one of them.i know there is more than one way to skin a cat but why would you ever want to get a loan to buy a property when it's so easy to buy them "subject to"?

In those cases I make sure that I've got a LOT of their skin in the game to preclude their changing their minds.I would LOVE to pay $50K in taxes, that would mean that I had made a bunch of profit on that deal.

Without a MUCH thicker skin than that, you will NOT survive in the rental business.

What matters is HOW MUCH SKIN YOU'VE GOT IN.Twenty five ppties with $1K equity each isn't worth carrying extra coverage.One ppty with $250K equity plus another $300K of net worth is!

Nobody is calling you a liar or a cheat, just trying to evaluate your services in the typical hesitant manner in here.REI folks have a thick skin and I get pounded by the group at times!

The less skin the buyer has in the game the more likely they are to walk away and leave the lender holding the bag.You really have to expect that you might have problems collecting the payments.

Got a letter from a low-life, scumbag, waste of skin TV contingency lawyer on that one.Then, a woman was driving her car while talking on the phone and carrying her hot coffee.

The tenants had thinker skin then the investor.

Why, banks want real skin in the game, real equity for a 75% LTV loan, to date, a soft second filled the gap allowing a borrower to get in under the rules, but was more likely to walk away.

You have to have really thick skin to be in the rental business, way more than being in politics.