Forum Replies Created
-
AuthorPosts
-
34f3f3fParticipant
I’ve read many conflicting reports on pay back periods, but they aren’t exactly spurring massive investment. So justifying it may require a shift in mindset. As long as there is some financial justification, the remaining decision can be based on conscience, beliefs, or pioneering spirit. I’d be more concerned about any ground breaking technology around the corner, and long term energy costs. Just my tuppence.
I’m not clear what is driving your pool electricity costs? The pump?
34f3f3fParticipantI’ve read many conflicting reports on pay back periods, but they aren’t exactly spurring massive investment. So justifying it may require a shift in mindset. As long as there is some financial justification, the remaining decision can be based on conscience, beliefs, or pioneering spirit. I’d be more concerned about any ground breaking technology around the corner, and long term energy costs. Just my tuppence.
I’m not clear what is driving your pool electricity costs? The pump?
34f3f3fParticipantI’ve read many conflicting reports on pay back periods, but they aren’t exactly spurring massive investment. So justifying it may require a shift in mindset. As long as there is some financial justification, the remaining decision can be based on conscience, beliefs, or pioneering spirit. I’d be more concerned about any ground breaking technology around the corner, and long term energy costs. Just my tuppence.
I’m not clear what is driving your pool electricity costs? The pump?
34f3f3fParticipantI’ve read many conflicting reports on pay back periods, but they aren’t exactly spurring massive investment. So justifying it may require a shift in mindset. As long as there is some financial justification, the remaining decision can be based on conscience, beliefs, or pioneering spirit. I’d be more concerned about any ground breaking technology around the corner, and long term energy costs. Just my tuppence.
I’m not clear what is driving your pool electricity costs? The pump?
34f3f3fParticipantBearishgurl, he’d need to be a blood relative with a reputation for doing good on his debts. This worked example is apparently typical. It may be that the majority work out for the investor, but I’d personally want to see actual capital upfront, just as many residential lenders do.
34f3f3fParticipantBearishgurl, he’d need to be a blood relative with a reputation for doing good on his debts. This worked example is apparently typical. It may be that the majority work out for the investor, but I’d personally want to see actual capital upfront, just as many residential lenders do.
34f3f3fParticipantBearishgurl, he’d need to be a blood relative with a reputation for doing good on his debts. This worked example is apparently typical. It may be that the majority work out for the investor, but I’d personally want to see actual capital upfront, just as many residential lenders do.
34f3f3fParticipantBearishgurl, he’d need to be a blood relative with a reputation for doing good on his debts. This worked example is apparently typical. It may be that the majority work out for the investor, but I’d personally want to see actual capital upfront, just as many residential lenders do.
34f3f3fParticipantBearishgurl, he’d need to be a blood relative with a reputation for doing good on his debts. This worked example is apparently typical. It may be that the majority work out for the investor, but I’d personally want to see actual capital upfront, just as many residential lenders do.
34f3f3fParticipantMurf, here’s the worked example:
Property purchased for $100,000
Property worth when repaired $145,000
Repairs needed on the property $ 15,000
Loan amount would be 65% of $145,000 or $ 94,250The borrower is also charged points and fees to close the loan. These fees,
along with the down payment, make sure the borrower has “skin in the game.”The property was purchased at $100k, and the loan was for $94,250. The skin is $5,750 plus fees etc. Appraised value is unrealized gain, and not skin in the game. It’s a slight of hand.
34f3f3fParticipantMurf, here’s the worked example:
Property purchased for $100,000
Property worth when repaired $145,000
Repairs needed on the property $ 15,000
Loan amount would be 65% of $145,000 or $ 94,250The borrower is also charged points and fees to close the loan. These fees,
along with the down payment, make sure the borrower has “skin in the game.”The property was purchased at $100k, and the loan was for $94,250. The skin is $5,750 plus fees etc. Appraised value is unrealized gain, and not skin in the game. It’s a slight of hand.
34f3f3fParticipantMurf, here’s the worked example:
Property purchased for $100,000
Property worth when repaired $145,000
Repairs needed on the property $ 15,000
Loan amount would be 65% of $145,000 or $ 94,250The borrower is also charged points and fees to close the loan. These fees,
along with the down payment, make sure the borrower has “skin in the game.”The property was purchased at $100k, and the loan was for $94,250. The skin is $5,750 plus fees etc. Appraised value is unrealized gain, and not skin in the game. It’s a slight of hand.
34f3f3fParticipantMurf, here’s the worked example:
Property purchased for $100,000
Property worth when repaired $145,000
Repairs needed on the property $ 15,000
Loan amount would be 65% of $145,000 or $ 94,250The borrower is also charged points and fees to close the loan. These fees,
along with the down payment, make sure the borrower has “skin in the game.”The property was purchased at $100k, and the loan was for $94,250. The skin is $5,750 plus fees etc. Appraised value is unrealized gain, and not skin in the game. It’s a slight of hand.
34f3f3fParticipantMurf, here’s the worked example:
Property purchased for $100,000
Property worth when repaired $145,000
Repairs needed on the property $ 15,000
Loan amount would be 65% of $145,000 or $ 94,250The borrower is also charged points and fees to close the loan. These fees,
along with the down payment, make sure the borrower has “skin in the game.”The property was purchased at $100k, and the loan was for $94,250. The skin is $5,750 plus fees etc. Appraised value is unrealized gain, and not skin in the game. It’s a slight of hand.
-
AuthorPosts