Skin in the Game Continuation · LEARNin Local Academy

Mar 30 • DEALs

Skin in the Game Continuation

Hello All, we are here with another Marvelous Monday…I hope everyone had a great weekend!…If you missed the start of this discussion, it was posted on Saturday…and as stated then, here is a continuation to discuss the different types of “skin in the game”….as stated before, at the top of the list is CASH, this is the investor putting their own money into the deal(down payment, up front rehab, closing etc..) this is every private lenders preferred form of skin in the game. Next after the cash can easily be argued that its ownership or equity stake..simply put, if the deal fails, you lose your share of the business….talk about a motivating factor lol….next can be a Personal Guarantee, you as a borrower are personally responsible for the loan. Failure to follow through means the lender can come after you personally….FYI because you’re apart of this community and can actually follow and read this….NO LENDER EVER-……wants to pursue this option in a court of Law…..ask me Why?? Let’s discuss it….

Black Belt Mortgage Pro(BBMP)

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