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7 October 2017 | 4 replies
You can try advertising on sites like Craigslist keep in mind that most lenders are going to want some skin in the game from you.
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8 October 2017 | 3 replies
A "weak" EMD is something I associate with a buyer not wanting to put "skin in the game
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10 January 2018 | 25 replies
Again, many ways to skin this cat-- think it through completely.
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23 December 2017 | 12 replies
Just venting, it's your dollars, no skin off my back.
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5 January 2018 | 8 replies
Sponsor essentially “buys out” investors.I have 6 years of property management experience, 2 years of putting deals together, managing contractors, maintenance personnel, financial analysis, good relationships with local investors.Example Deal (One that I've analyzed recently):Purchase Price: $14,200,000 Down Payment: $4,260,000 Closing @ 2%(Estimate from CRE): $284,000 Sponsor Acquisition Fee (1%): $142,000 Cash Outlay: $4,686,000Cap: 7.24% NOI: $1,028,080 Debt Service (2.6% Float/4.5% IO/4.5% P&I): $9,940,000 ($258,440 / $447,300 / $596,400)CoC (Float/IO/P&I): $769,640 / $580,780 / $431,680 CoC Return (Float/IO/P&I): 16.4% / 12.4% / 9.2% Preferred Returns of 6%: $281,160 Annual Bonus of 4%: $187,440 Splits (35/65) 11-16%: $98,406 / $182,754 ($281,160)Investors get a realized rate of 13.9%Potential upside in first 18 months is annual gross rental increase of $106,200 Feel free to eat me alive, I've got a pretty thick skin.
27 April 2018 | 3 replies
But reading up and researching seems that there are multiple ways to skin this cat...Are there any other methods that make sense in this situation?
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19 April 2018 | 23 replies
Not only are these points important in sydicating the equity, a lender is going to want skin in the game and a track record for a deal this size.
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10 January 2018 | 16 replies
If I was the bank, and I was trying to write a loan, this is what I see:1 - Purchase = $650k2 - Your skin in the game = 03 - The Loan I'm giving to you = 0 (See #2)
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9 January 2018 | 21 replies
Merck's rates arent the greatest and I have an appointment with a mortgage specialist at American Heritage.
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7 October 2017 | 11 replies
Anyway.....Robert Kiyosaki has a tax specialist take care of his taxes for him.