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23 March 2017 | 1 reply
This is why the Banks always want skin in the game.
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10 April 2016 | 8 replies
Then the random hard money folks will be more willing to lend after you have a proven model and some skin in the game.
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16 May 2016 | 7 replies
Along the same lines of hard money and needing skin in the game?
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2 May 2016 | 9 replies
Not enough skin in the game for a lender to your seller's problem and for you to exploit our.
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1 November 2016 | 16 replies
Most lenders want borrower skin in the game otherwise buyer will have nothing to lose and might walk away in case of bad situation.
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19 August 2016 | 6 replies
I provided all labor myslef which was my 'skin in the game'.
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18 August 2016 | 0 replies
Don't get me wrong, I know I need to put some skin in the game, but I don't want to be out 20-30%.
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28 December 2015 | 7 replies
You would not have the skin in the game and that is risk lenders are not willing to take.
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22 May 2016 | 9 replies
I reminded her of the steps we went through...The seller needs to be in a position to carry..in other words, cant have a big mortgage to pay offThe Buyer needs to have a suitable down payment ( skin in the game)The interest rate needs to be reasonable (ours is 7)Term needs to be relatively short...our favorite term is 5 years.
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11 March 2016 | 1 reply
They want to feel confident you can make the payments and they want you to have skin in the game.