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19 February 2020 | 8 replies
Financial institutions like to see some skin in the game.
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29 November 2017 | 11 replies
when it first arrived, I drove down the street where one of our rehabbed properties is located and scanned all the buildings (all old Second Empire, Victorian, Georgian/Edwardian buildings) ... all glowed brightly from the escaping heat (it was -23C), save for ours, which still had a few hotspots from the areas we have yet to rehab.
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17 April 2023 | 31 replies
In reality the borrower is not going to borrow 100%; more like 70-80% of total as-is value so they have lots of skin in the game which decreases your risk on the investment as that is instant equity in the property.
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15 February 2024 | 8 replies
They will want to see why it isn't selling and they will also probably want more skin in the game.
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7 April 2022 | 28 replies
Attending Meetups, as I mentioned in my other post, is another way to meet some of the students, hear their stories, and in some cases, actually visit their property.Regarding the alternate approach of simply finding a partner who will hold your hand and make sure the deal succeeds, I think there are many ways to skin a cat, and that method can work too.
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8 July 2022 | 6 replies
This is often seen as a get rich scheme using other people’s money with minimal skin in the game.
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13 November 2018 | 12 replies
You should be able to get by with little down if you have a good deal though, they just want you to have some skin in the game.
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13 February 2022 | 7 replies
You'll need to find an owner distressed enough to believe in you taking over the payments and ensuring that they're paid, even with no skin in the game.But then that brings up how you will pay for the rehab...2.
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25 September 2019 | 13 replies
We both have skin in the game and we both raised the capital from our separate set of investors.Here's a picture of us having dinner after we closed on the building:The above picture is what a $25M JV deal looks like (LOL).
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11 April 2023 | 25 replies
People behave when they have skin in the game.