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29 November 2017 | 8 replies
And that value is two-fold: firstly, you get the value of newly upgraded property (and you don't close until the rehab is done, so that vacancy time isn't on you), purchased at market price, that (if you finance) your tenants will pay 75-80% of over time; secondly, you get the psychological value of knowing that someone else has skin in the game, someone who absolutely knows what they are doing and has efficient systems in place to ensure you do as little work as possible while still collecting monthly income.
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8 March 2018 | 20 replies
They have more skin in the game then you do.Make sure you get clear title.
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21 March 2018 | 5 replies
I’ve had the idea of house hacking my first investment, Just to get a feel and some skin in the game.
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18 March 2018 | 11 replies
They have more skin in the game then you do.Make sure you get clear title.
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21 March 2018 | 33 replies
They have more skin in the game then you do.Make sure you get clear title.
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19 March 2018 | 12 replies
They have more skin in the game then you do.Make sure you get clear title.
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14 March 2018 | 1 reply
That said, please be sure to follow forum rules and not solicit in the forums outside marketplace or spam via the message system, both of which are against the terms of service here.Based on your initial post, it sounds to me like you have more to offer than most so in my opinion, you have a better chance since you have the skill set AND some skin in the game!
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16 March 2018 | 8 replies
Most portfolio lender also like to see that you have some "skin in the game".
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15 March 2018 | 3 replies
(For example, much lower fees, much more skin in the game, much more experienced sponsors, etc.).
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19 March 2018 | 14 replies
That is called OSB ( oriented strand board) and is mostly used for sheathing on the outside of the house under the siding. the problem with putting Spackle over it to try and hide it is that the moisture from the Spackle may get into the board and start to de-laminate it. if it is only 3'-4' high, you can dress it up with some sheets of 1/4" bead board, if it's the total wall you can cover it with 1/4" drywall. look at it this way, there is no way a tenant will put a hole through those walls after you cover it, i would consider having that a plus.