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15 June 2024 | 87 replies
Buyer has no skin in the game.
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12 June 2024 | 6 replies
I would suggest you make the request to have the tenants leave, AND, if it delays the transaction that's no skin off your back - just keep you lender/bank in the loop!
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12 June 2024 | 16 replies
In my demographic I have not had to worry about that as I rent out to people with skin in the game.
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12 June 2024 | 10 replies
I probably have less answers for you, and more questions...We don't really know your experience level, so my first question is, do you realize you typically have to have about 20-25% "skin" in the game for this purchase?
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11 June 2024 | 4 replies
As you can see, there are a lot of ways to skin the cat.
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11 June 2024 | 20 replies
Maybe they raise some equity direct from immediate family (IE - mom/dad/sister/brother/grandparents/uncles/aunts/cousins), but the majority of the skin in the game is the GP's own.
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12 June 2024 | 24 replies
The idea of even a little bit of debt makes my skin crawl and want to run for cover.
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10 June 2024 | 35 replies
If you examine all of these questions, which we all read every day, there are a couple of apparent things missing that make them impossible to answer:1. skin in the game2. research done before posting3. why the poster is asking (background)4. camaraderie (just give me what I want, I have nothing to offer)
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5 June 2024 | 6 replies
Can it work though, yes, but have some skin in the game.
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9 June 2024 | 223 replies
However, I think if you decide to do this, you should get some money up front combined with owner financing so you have some skin in the game so to speak.