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22 December 2019 | 3 replies
I also learned what the term "skin in the game" really means!
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28 April 2021 | 12 replies
And since they are now paying for their utilities it would be no skin off owner's back.
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1 January 2020 | 10 replies
They have more skin in the game then you do.Make sure you get clear title.
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16 December 2019 | 25 replies
. $25k left IN the deal after rehab and refi is not a healthy criteria.
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13 December 2019 | 14 replies
Appraisers generally have no skin in the deal so there's no reason for them to do anything but appraise.
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15 December 2019 | 8 replies
A HML wants the investor to have skin in the game.
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6 February 2020 | 5 replies
Not many hard money lenders will do that.Most do 75% of ARV and they want some skin in the game. 90% purchase 100% rehab but you better have a proven track record.Its best to find another partner to bring into the deal and quick.
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16 October 2019 | 6 replies
If I were 25 years old with minimal savings and 1 rental property, I would get basic coverage for replacement value with a lower deductible and higher premium.I am a 60 year old guy with 20 SFHs and healthy savings, so I ensure for actual cash value at 70% of market value with the highest deductibles and lowest premiums.
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23 October 2019 | 9 replies
The fact remains that you have no skin in the game beyond your reinstatement amount.
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17 October 2019 | 5 replies
The way to best secure you will make a healthy fee is to make sure you get the property at the lowest price possible so when you are adding your fee, the investor is still making a lot of money from it.