I will say you cannot come in expecting to have no skin in the game or expect to raise $500k on your first flip ever.

Unless you're willing to pay a lot more in monthly payments (think 8-10% interest rate or more) and/or pay a lot more up front you're not going to find somebody interested in this.A lot of banks got burnt during the downturn and they're not interested in making loans where the borrower doesn't have 20%+ skin in the game.  

Lots of ways to skin cats.

Ajay, Ever one I know want you to have skin in the deal because you have nothing to lose if something went south.

So they price in higher rates typically and more money down to increase skin in the game and lessen chances of you walking away from that equity and defaulting when times get tough.3% is easier to walk away from than 10% or 20% down.

Some additions to @Kyle Hipp 's list:* purchase price plus rehab dollars; the lender wants to know what "skin" you have in it.* tax returns.* cash / liquid reserves.

an earnest money deposit isn't required but most sellers will take your offer more seriously if you have some skin in the game.

I have two guys that like a deal I have under contract, but am struggling to find examples of equity deal splits other people have done to show them why I want to split 50/50 with no "skin" in the game.Does anyone have a spreadsheet that outlines an equity deal like this that I can show them?

Do that if you want to get under their skin.

Another thing my wife pointed out is that women are very loyal to their makeup brands due to skin conditions and overall looks, when they find something that works, they don't change.