They have more skin in the game then you do.Make sure you get clear title.

I plan to use private money for the purchase and rehab costs, but am not sure how much, if any, a private money lender typically wants the investor to contribute towards those expenses to have skin in the game.

They have more skin in the game then you do.Make sure you get clear title.

If you're trying to purchase the LLC and refinance current debt as the new owner, the mortgage lender may require seasoning to make sure you have skin in the game.Taking over an LLC is a great way to control the assets of the LLC for a minimal cost in many respects.Stephanie

They have more skin in the game then you do.Make sure you get clear title.

I have had my staff contact 8 different complexes and find out how they are handling it as they have the most skin in the game in this situation.Generally speaking the response has been this.

Since money is at the root of this conversation, few people with skin in the game are neutral.

They have more skin in the game then you do.Make sure you get clear title.

I have seen/heard of HMLs doing 10% down and 100% rehab, but have not come across one that does not require any skin in the game. 

The occupancy is an issue, but the bigger issues are the condition of the property, the short term renters and lack of any skin in the game from the borrower.Most lenders I know would want to see the 20% come from the borrower, not the seller.