The other options you are playing with fire as using a HELOC that is paying interest is essentially buying with 100% financing.Having no skin in the game has always been a high risk strategy and people were able to get away with it the past few years due to the money supply and inflation but I would not use that as the measuring stick.

They want an investor to have some serious skin in the game.The other option would be to wholesale this opportunity to somoene and make a few bucks to save so you have some money for a downpayment in the future.

If you don't have a healthy amount of cash then you're adding a lot of risk to the deals you do. 

In healthy markets, they may be just one of a dozen Google ads.

If the property has a solid inspection and a healthy maintenance budget can be set aside, these older properties can be very profitable.

The property owner always loses while the arbiter has no skin in the game at all, just skimming profits off of the owner and can walk away any time they want without reprocussions. 

In some cases, anonymity is healthy, but this depends on your preference.

It’s important to balance cash-out refinance with maintaining healthy cash flow from rent.Mismanaging the Rehab Process:Delays in the rehab phase can eat into your profits.

That is reality because the receiver of the info has no skin in the game, nothing to  hold them to the "advice".

As you can imagine, it drastically cuts down on the amount of water use when the tenants have skin in the game.