That way your buyer has some skin in the game and will be less inclined to back out.

Getting into a buy and hold with only $25k could be a problem too in CA, so you would have to venture into the desert cities combined with leverage or go out of state.Investing in a syndication may be tough because you would not be an accredited or sophisticated investor, potentially making you ineligible.I would learn what I could on rehab flipping and/or wholesaling, use that $25k as your skin in the game (after you get fully educated on how to) and build more capital from there.

It just gets under my skin when someone says something as absolute truth when there's no proof and that's what Duncan did.

They may require more skin in the game and will probably critique any potential deal extra closely but you will probably be able to find one.

1st rule of any lender, skin in the game. no insured lender will give you a loan at really any LTV with none of your money in the mix.Consider a Sub-to transaction. :)

This stuff hurts like hell if you get it on your skin.

A CCIM might be better, but without that sheep skin you'll always be behind, just a fact in business.

I have minimal dollars in once I get the loan, but I do have some skin in the game plus my labor.

I prefer deals where all partners have skin in the game.

Believe it or not, you kind of need a thick skin to do this because you’re going to hear all kinds of stuff, some of it critical, some of it positive, and some of it a little nuts or pretty far from objective.