18 December 2017 | 13 replies
An attorney by even just talking about matters like this specific to your situation has some skin in the game given that they are paid to be authoritative on subjects (at least in terms of communicating risks, the law, etc to their clients).
27 March 2017 | 6 replies
@Al Phillips It's a little unclear from your post but reversing from the numbers it looks like the total purchase price is $140K so if you get 100K loan from the bank and the seller carries a 2nd position note for 40K you expect to get it with no money in it at all.In my experience, banks are not super thrilled about it because they want you to have some skin in the game and regardless of the second not the underwriters usually ask to see enough for the down payment in your bank account for at least 30-60 days.
18 June 2015 | 0 replies
Now the guy is carrying two mortgages and doesn't have a strong lead for another buyer.Here's the link to the listing.I don't really have a skin in this game: I'm not a wholesaler and I have never so much as visited Elkins Park.
16 May 2024 | 13 replies
You need to have "Skin" in the game meaning your money or "Family" money.You can receive "gift funds" from a "Family" member if money was given to a family member and then given to you as a gift from family it would work.Keep in mind even if the seller gives you money the bank/lender will see the deposit into your account since they ask for (2) months of bank statements.
4 April 2018 | 9 replies
They have more skin in the game then you do.Make sure you get clear title.
18 June 2015 | 9 replies
Buying an renting is a great way to build wealth and get some skin in the game in investing.
11 December 2018 | 4 replies
So in that case, a capital contribution from you does make sense.Typically investors want to see you have what's called: "skin in the game" This is because when you have something to risk, they feel more comfortable you'll see the deal through.
20 August 2024 | 7 replies
If you're the first one, soft, tell them you're the PM but my advise would be to actually get a good PM.If you have the tough skin, no need to lie.
31 August 2024 | 5 replies
You can hire an agent just to show and be a body if they are willing, While its not perfect, ChatGPT is a great tool to ask initial questions and get a launching pad (always verify what it tells you) - @Drew Sygit - Good point about getting someone to help you with screening if they dont have any "skin in the game" so to speak.