I'm a loan officer and I cant do a loan in NC but in Michigan we could get you a much lower rate with that much skin in the game on any investment deal

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

For good measure, the new investor could put in $10,000 of their own capital to show that they are going in with what they can reasonably afford, so that they have meaningful skin in the game as well. 

I do manage my properties- so I am trying to account for the very thick skin of a landlord here!

You interest rate may be higher, if you have less of your own skin in the game.

Since they have no skin in the game, it would be easy to walk away during inspection periods.

The borrowers had no skin in the game and many ended up being crooks and setting up fraudulent deals.

I push such sellers past emotion and stress what is best for them, not so much what selfish emotional family members may want with no skin in the other side of the ownership responsibilities.Know too that for money people will lie, maybe his thoughts have changed due to greed, maybe you got too much of a good deal.

If higher education is a bubble (which I’m inclined to think it is, although I have no skin in that particular game) what does that mean for the markets around the schools?

Hello, I been interested in flipping properties for years, being raised in a family residential developers and mortgage brokers and bankers, i have seen the best of both worlds in real estate. and i have grown to be fascinated with the entire real estate industry which is why i am building a business plan to realize and develop my dereams of starting a real estate investment business. my even seeing the worst of the real estate market i am still fascinated and see unlimited potential to make money in this industry.I began my plan in january of this year, and i am giving myself until year end to finish it. the motivation for the plan is to develope my ideas the correct way and also to attract capital investors in the future. i do not have very much capital at all to start, and i know that i will have a hard time finding an investor willing to put up cash to somone that is new to the game and does not have much skin un the game so i decided that i will begin by wholsaling contracts which has little barriers to entry and will allow me to put some money away so i can invest what i have built along with a capital investor to purchase properties to flip outright in cash. after i have done a handfull of thease flips i would like to phase in a few a propererty here and there to purchase, upgrade and rent in order to see the property cashflow.