17 February 2020 | 91 replies
The borrower's desire to qualify, and get repair money, seem to be enough "skin in the game" to follow this to the end.The other option was to dump the property at a loss.
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21 January 2016 | 9 replies
There are many lenders out there that require you to have skin in the game, so they may want a specific % down.Hopefully that helps.Sean
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2 February 2016 | 73 replies
As for the difficulty in lending to the LLC, that is true, from what I hear.
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24 January 2016 | 6 replies
I think people dislike the fact that Wholesalers don't usually have "skin in the game"...some people get into it due to lack of funds and for some odd reason people with money despise that (go figure), stay poor I guess, right?
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30 January 2016 | 18 replies
I've got plenty of business in the states I'm already in anyways.Another state I've come across that is slightly more difficult, is North Carolina.
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26 January 2016 | 20 replies
Some of the highest in the country actually, which is one of the difficulties of investing here.
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27 January 2016 | 0 replies
No, and none of the dozens of lenders I work with will allow someone a loan without some skin the the game of at least 10%.
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29 January 2016 | 2 replies
I am going to be detailed in everything going on because I am not sure exactly WHY we are having such difficulties.
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28 January 2016 | 4 replies
You might be able to find private money or something owner financed but you're going to have to have some money or skin in the game.
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28 January 2016 | 5 replies
They will definitely want to see you put some of your own skin in the game, and you will have to make the loan terms appealing enough for someone else to put up the rest of the money, but you can definitely do it.