Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Aundre Oldacre Equity from existing property for development
17 April 2018 | 3 replies
@Aundre Oldacre - you may be able to find a bridge type lender that will allow a bit of cross collateralization but make no mistake, you will have to put some cash skin in the game. 
Bradley Nelson Should I bail on this foreclosure flip!? (ie. what have I done?)
18 April 2018 | 6 replies
Or close on the place, do a few most important things and then hopefully resell for just enough to come out with my skin on? 
Rich S. How much give to make this deal work?
17 April 2018 | 0 replies
I'm just curious what various lenders would be looking for in compensation and structure of this deal:Purchase Price: $25,000Rehab/Holding/selling costs: $30,000ARV/Sale Price:  $85,00090 days for purchase/rehab/sale**My questions below are coming from the scope of my view that a HML being a formal institution/group with a bunch of standard terms, processes, etc... and a Private Lender being someone with money, willing to loan it short term, without all kind of formalities(if that makes any sense)So in a HML world, 65% of ARV would be right at $55,000... does anyone does this deal without requiring rehabber to have skin in the game? 
Cyle Burns HELOC in Rhode Island
18 April 2018 | 4 replies
Typically the high LTV HELOC and HEL only apply to owner occupied since you have more skin in the game to pay it back. 
Tom Horan Denver Metro Duplex - Finance question
18 April 2018 | 2 replies
Most lenders cap out the amount allowed on a sellers second. for example if the lender is giving you 75% LTV on the purchase they may allow an additional 5% on a sellers second leaving you still stuck with the 20% Have to have some skin in the game
Jessica Brown Make an offer or let it go?
20 April 2018 | 44 replies
Grow a thick skin, don’t feed the trolls, as we say in gaming ;-) , and push forward.
Jorge De Jesus Would you find a way or ask for help? MF in West Houston
27 April 2018 | 9 replies
I don't know of anyone that would take on a recourse (or even a non-recourse) loan with someone who has no skin in the game.
Rah-sheen Blalock Help is needed about Financing on a foreclosure deal
13 May 2018 | 4 replies
You can talk to a private investor, but not sure I see a big enough profit in your deal to take it on.Start living like no one else does, get a second job or a better job, so you can save $20-30K and you can make this happen.I've had to pass on two deals 'cause I didn't have the cash to put 'my skin in the game' (just put $70k into buying a primary residence).
Austin Petrie Introduction to BP: Austin from Los Angeles, CA
16 May 2018 | 14 replies
They have more skin in the game then you do.Make sure you get clear title.
Nick Portillo ATTENTION ALL MILWAUKEE INVESTORS
14 May 2018 | 10 replies
It is typically much easier for you to buy "turnkey", however in my experince you will buy better quality from an owner who occupied the property than a hous that has been professionally flipped and the remodelling has been done skin deep.Cash and quick closing is not always an advantage.