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16 May 2024 | 8 replies
Construction starting at the end of this year or beginning of next will last 2-3 years at a minimum and then they have sensitive equipment to set up which will take another couple years.
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16 May 2024 | 14 replies
Quote from @Yocheved Beer: Hi all,I have found a house in Lehigh acres Florida for a purchase price e .75 of of the appraised value and it is for sure a 1 dscr. can I immediately buy this for 0 Dollars downHi Yocheved:One of the cardinal rules in real estate is that you have to have some skin in the game.
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15 May 2024 | 14 replies
You have no skin in the game and you are offering the private lender 30% or 70% of the profits?
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16 May 2024 | 19 replies
As you continue with this journey, you will need to build up some skin to not let it bother you.
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16 May 2024 | 13 replies
You need to have "Skin" in the game meaning your money or "Family" money.You can receive "gift funds" from a "Family" member if money was given to a family member and then given to you as a gift from family it would work.Keep in mind even if the seller gives you money the bank/lender will see the deposit into your account since they ask for (2) months of bank statements.
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15 May 2024 | 12 replies
I personally prefer when investors have some skin in the game.
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15 May 2024 | 20 replies
Also they would like to see you have some skin in the game, which it sounds like you are working on.
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13 May 2024 | 8 replies
There are a lot of settings, so as Craig suggested, you're going to need to go in and make sure you've adjusted the sensitivity, etc...
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14 May 2024 | 20 replies
Meaning, the borrower must bring at least 10% skin in the game.
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13 May 2024 | 13 replies
IMO it goes against the meaning of the word if the new entrants to the group aren't coming to the table with at least a certain level of experience and skin in the game.