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12 January 2020 | 80 replies
But when they cross the line to "my way or the highway," I choose the highway because I know the right answer comes down to what works for each individual.A college degree is the sheep skin that only opens the door (for most people).
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13 October 2017 | 6 replies
More than one way to skin the ol' REI cat.Side note, it's easy to make offers that expire in 24 or 48 hours.
27 February 2022 | 45 replies
My guess is you will have very little if any skin in the game which will allow you zero leverage with investors.
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4 June 2018 | 102 replies
I have had some that do.. but to base a business model on that as being an exit is highly risky.3. your then creating your own second with you and the trustor ( borrower) and you as the Bene ( Beneficiary) and you proceed to rip all your own cash out of the deal so in essence you have created 100% financing put in a lease option tenant and now have no real skin in the game.4. your seconds are probably of some shorter term than the first most likely. so as an underwriter of a loanwe have a 100% ltv loan first and second your now in second and if there is a default you need to clear the first.you have a lease option tenant that if they dont' pay you may need to do a judicial foreclosure to clear that document.and you as the sponsor took the money you got on the second and bought another property or took a vacation or what have you.. it becomes a house of cards and like I said highly risky.these lenders your proposing just need to be what they are capital partners and you should include them in upside to couch this as some sort of great note investment..
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26 July 2018 | 65 replies
The sponsor should have skin in the game all the way until the bitter (or sweet) end.Hope this is helpful.
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2 October 2022 | 175 replies
All of us here on this forum have skin in the game -- and in our hearts, we know better.
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10 September 2019 | 147 replies
Advertise what is actually being done to your potential customers.... make sure to include the part about them getting well below market value, the part where you have no skin in the game and can leave them high and dry and in a worse position than they already are, the part where you don’t have a buyer lined up and don’t forget to include the part about how it’s considered illegal in certain parts of the country.... let me know how your brokerage does...
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30 September 2019 | 48 replies
They have more skin in the game then you do.Make sure you get clear title.
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16 September 2019 | 5 replies
I'm always amazed at how people try to get lenders/financial institutions to change the rules to fit their situation instead of changing their situation to fit the rules (Again, making no assumptions the OP or anyone else fits that declaration).Scammers love "subject to" because the scammers only have an upside potential and no downside because they have no skin in the game (Outside of maybe reinstating a defaulted loan) and, no liability for being wrong.
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3 July 2018 | 89 replies
But this is a public internet forum, so toughen your skin and ignore the haters and embrace the good advice.