10 January 2017 | 10 replies
You have no skin in the game.Are market rents way under for this property?
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20 April 2016 | 8 replies
Prefund (patchofland), and even better, have skin in the game.
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18 April 2016 | 3 replies
There is more than one way to skin a cat.
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18 April 2016 | 7 replies
I would also agree with @Jay Hinrichs that they apply even less in a healthy recovering market like Tampa.
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26 April 2016 | 32 replies
I tend to look in order: 1) Smart money invested alongside me, 2) Top sponsor with significant GP skin in the game, 3) Platform with a pari passu interest, 4) Prefunding.Would I rather see the sponsor list directly?
19 April 2016 | 3 replies
How to use your $70k cash.Basically just think of this as your "down payment" ... and for a $100k - $150k project (purchase price + rehab), you probably won't even need the whole $70k down.Generally, hard money lenders will be looking for you to have a 60% - 80% LTV, or in other words: have at least 20% of your own funds as "skin in the game."2.
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19 April 2016 | 2 replies
Consider connecting with a mentor to help you get some skin in the game.
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19 April 2016 | 1 reply
In time, you will have a healthy foundation to launch your own ventures.
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1 December 2016 | 14 replies
No way you get 360 month amortization on this deal at 5.25% with zero skin in the game for a dinged credit borrower.
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1 May 2016 | 5 replies
Make sure the HOA has healthy reserves, and the some of those funds are ear marked for CapEx. 2.