From experience, hard money guys like to see at least 15k (your skin in the game) in the bank before they will give the green light on funding your projects.I have not personally done any wholesaling, but from what I have gathered, you would have plenty money left over for a good marketing campaign!

With conventional financing, you have to have "skin" in the game.

@Darnell Palmer Lenders want you to have some skin in the game if it isn't a primary residence.

unless he's going to take a significant loss or you are going to refinance for much better terms, this deal won't cash glow, period. 

If you put together the right deal and have some of your own skin in the game, finding financing for small professionally managed multi's shouldn't be impossible.The easiest way to find out if you can put together a super deal is to TRY.

There's 1,000 ways to skin a cat.  

Just be careful that you have a real good fix on your ARV to make your numbers work when you flip since you will have only 3% skin in the game.

I elected to do mostly JV so I had a team with skin in the game. 

We also want to know that the sponsor has skin in the game and to understand how many of their clients reinvest with them.

I thought this would be a good deal for the cosigner especially since they aren't having to put in any skin in the game except their name on the note.