According to a recent article in ‘National Real Estate Investor,’ many commercial real estate investors will have difficulty refinancing their maturing loans.

I don't have the skin in the game necessary to create interest.

Talk to a realtorTalk to a property management companyTalk to people at a local REIAI'm still looking at purchasing in Durham, but I check city-data.com, drive by, and ask people I trust at the TREIA group.Honestly, I think that its that difficulty in figuring out the bad from the good that makes Durham a good value for the local buy and hold investor that's willing to do research.

So in other words, even though you might have an LTV of 25% the bank may not let you get back the money you put in as then they will be the only one with skin in the game.

No real rule of thumb to say a discount will be X%, depends on many factors.I agree with Wayne that you'd be better off with private money, problem is they are usually short term, but there are some little old ladies that would love to get 8/9% for 10 years for the grandkids, but that has other issues too.Now, if you're buying a 100K property for 70K you might do a 90K loan and you may get the 70K, the trick is not to go over the market value of the property and show that you have skin in the game or compensate for the skin like a pledge of other assets.

The HML will want some skin, plus you'll likely need cash to cover the first round of rehab, pay interest during the loan term, maybe pay points up front, cover utilities and insurance until the property is sold, and possibly cover rehab cost overruns.

Your client needs some serious skin in the game if your credit is on the line.

Chin up I suppose.The credibility is the part I am finding difficulty with.

That being said they will want you to have some skin in the game.

Hard money "asset based" lenders still require that you have skin in the game.