Ken Wang
Peer street ? ask for experience
10 January 2021 | 29 replies
I promise not to take it personally)They don't appear to pre-fund to their borrowers - which essentially means that a.) they don't have skin in the game, and b.) the lenders/investors don't begin accruing interest right awayThey don't appear set-up investors up with a 'Bankruptcy-Remote' legal structure which protects investors in the event that PeerStreet goes bankrupt.
Andy Kurtz
First Deal as Lender - Low CLTV but 2nd Position?
17 April 2017 | 5 replies
I explained that I'm not comfortable lending the full amount, but if they had 10% skin in the game I'd consider it.
Robert Keeling
Writing to a potential investor
7 August 2019 | 1 reply
Will you have any skin in the game?"
Charlotte Moore
How to be California RE Agent and Keep My Job
27 January 2017 | 10 replies
The agents have no skin in the game not going full time.
Alexander Russell
Starting out - go big? Pittsburgh
7 July 2016 | 9 replies
I would advise decreasing your profit margin if you don't have financial skin in the game so it provides more appeal towards the partner's bottom line too.
Amy E.
The Next Level of Funding
21 July 2017 | 3 replies
Or the have no income doc loans where you just put in 25% skin in the game.
Jonathan R.
Newbie buys in a D Class Neighborhood and Goes Section 8-Success!
6 August 2017 | 10 replies
We wanted more skin in the game, we have let him pay it in two months, $300 each month.
Joshua Dees
I want to sell my neighbors house.
11 August 2017 | 20 replies
meaning: Is there ANY way I can get any kind of skin in on this deal?
Philip Ollas
Hard money for Real Estate notes or texas tax deeds?
3 July 2017 | 1 reply
I was wondering that does hard money lenders want to lend money to buy tax deeds in Texas or performing notes if you put some skin in the game i.e 40% LTV?
Benjamin Barredo
Making Wholesale Offers on an REO, Knoxville, TN
22 December 2016 | 15 replies
Every borrower has to have skin in the game so that I know they won't go into a bad deal, find out they screwed up, and walk leaving me with a mortgage and note and potentially a property that I cannot get my funds out of.