Quote from @Bree Jimenez: There are many ways to skin a cat, but you should choose one way and stick with it until you figure it out or learn that it's not working.

There are companies out there that have 0 skin in the game and are just referral sources and there are others who are vertically integrated so they own/manage the entire process from start to finish. 

It does not matter whether you are starting a real estate business, restaurant, car wash, or amazon commerce business - the lender will first look at you and your partner and how much skin you have in the game, your experience and the risk of the loan not getting paid. 

Potential Equity is not skin in the game. 

On the surface, it appears to be a straightforward role, but it becomes far more challenging when faced with issues like non-paying tenants requiring eviction or broken systems that haven't been properly followed.As a self-managing property owner, it is absolutely doable—but success depends on treating it like a business.

Seems like a good opportunity on the surface

But I believe that if you're not violating any terms, not in a restricted industry or involved with anything deemed risky by Stripe then you're probably safe.It appears their move to Stripe is for accelerated payment processing, which is interesting since they acquired eRentPayment and Payment Report.On surface level it might be they're adding Stripe as an option on top of their existing infrastructure.

Quote from @Robert Cucino: Quote from @Tanner Lewis: Those look like pretty solid returns on the surface level, if you decide to go with DSCR, you can qualify the deal with AirDNA projected income even if it is rural. yeah i talked to dcsr lender in area, they do 80 LTV.

Good luck with that one—I doubt any syndicators would find a sympathetic jury in such a case.Scott, you and I have debated the concept of “skin in the game” for years.

I have bought off market deals direct from owners, from wholesalers as both a dual closing and contract assignment, and of course listed deals.From the surface, this sounds a tiny bit shady, but not over the top.