I really rather put down nothing and just pay for the closing costs and manage the monthly cash flows every month but I know banks don't like borrowers that have little or no skin in the property.Also good you mentioned about the appraisal.

There is more than one way to skin a cat you will find the way the works best for you.

Most do require you to have some skin in the game, though.

Again, they know you are not working for free and trust me, motivated sellers will not care.JUST MY 2 CENTS - MORE THAN ONE WAY TO SKIN A MEE-YOW

As far as the other 19 that call, you will want to collect their info to build a database of buyers.Such as:Name and contact infoHow many properties they buy each monthAreas they like to invest inPrice rangeLevel of repairsetcAlways advertise your deals even if you already have a buyer for it because you can never have enough buyers on your list.Buyer's are always getting in and out of the bizJust My 2 Cents But It's More Than One Way To Skin One

You could then have little skin in the game and still have positive cash flow.This is what some investors consider Infinite Returns.Good luck!

Typically they will lend 60-70% of purchase price to show that you have "skin in the game' You may need a POF letter from the lender depending on many factors.Great to see you in this real estate investing arena!

Most HMLs require some "skin in the game".

And for all of you who will say "well you have to have thick skin" this is true, but I do not believe that anyone deserves disrespect.

Well let me say, it's ok to LOOK FOR DEALS but don't let that be your main source for deals because this biz can be very frustrating even when your phone is ringing off the hook.MARKETING, MARKETING, MARKETINGYou Can Do It, Good LuckJUST MY 2 CENTS BUT THERE'S MORE THAN ONE WAY TO SKIN A MEE-YOW