
6 April 2013 | 85 replies
I got a property, and I've got my skin in the game (well almost a few more days).

27 March 2017 | 104 replies
This is the one reason why I utilize this because it's absolutely predictable that it will follow a Financial Mathematical Schedule of Principal and Interest Payments, as well as Balance reduction.Because the Amortized Mortgage is absolutely predictable, and I for one follow the RULE "If you can Predict it, you can Profit from it", I actually look to Maximize this within reason.So while I put down 20% for an Investment Property to maintain a level of skin in the game and reduction of risk by having an attractive interest rate, I generally take about mortgages around $1 Million or above.That is because the Mortgage, being paid by my renters, will follow a very predictable path, one which will make me a millions as each one gets reduced or paid off.In fact, if you receive ZERO cashflow but your Million dollar Mortgage disappears in 30 years, you have effectively made an average of $33,333 PER YEAR for 30 YEARS.And, if you consider that the Mortgage Interest is deductible, especially for a Rental Real Estate Business, you have earned even more than the Million dollar mortgage.For some reason, this kind of thinking is not taught ANYWHERE that I have seen.

27 January 2022 | 20 replies
There is so many ways to skin a cat but you just need where you doing it.

30 December 2016 | 112 replies
Get thicker skin.3.

24 December 2022 | 4 replies
@Aldrin Meneses QuijadaAs a private lender I would not lend on this deal.I want the person to have skin in the game and if they do not I don’t take them seriously as anyone with no money zero experience can try and get a loan.You can try calling people but only responses you are gonna get are from scammers

21 September 2017 | 3 replies
Because borrowers pay for appraisals, not lenders, it's not skin off of Chase's back to get a bunch of people excited about refinancing to drop mortgage insurance. - Some folks, randomly, it'll turn out that the appraisal comes in high enough to drop mortgage insurance.

2 April 2018 | 3 replies
If I have a small amount of money to invest in a deal that I am syndicating with other parties, can I take a hard money loan to up my skin in the deal and pay the loan right back with my acquisition fee that I take for operating the deal?

1 December 2016 | 21 replies
That's a vague plan, and it looks bad for 2 reasons. 1) It's too close to what a realtor actually does, and 2) It just sounds more greedy to say "split the profits" when you have no skin in the game.If you have expertise in foreclosures, and want to make a legit business helping people get out of those predicaments, a coaching or consulting role would probably be a much better option.

14 January 2017 | 10 replies
@John Clendenon, as you can see, there are many, many ways to skin this cat.

16 May 2017 | 7 replies
I asked specifically about multi-family units, be he said it could also be used for SFH.However, I introduced this to my agent and she had some push back:"As far as the form is concerned, I do not think a seller or attorney would go for it - there's nothing legally binding in addition to no "skin in the game" for the buyer.