Address Your Financial ProfileBridge the Revenue Gap: Highlight your equity in the duplex and use your sale proceeds to demonstrate “skin in the game.”Partner to Compensate Experience: A financially strong and experienced partner can help offset your limited track record.Focus on the Land Deal: Secure the land at a good price, as it’s a crucial step in gaining credibility and attracting partners.Final ThoughtsYou’re entering an exciting and impactful space in real estate development.

The odds of default go up significantly for those who have no skin in the game.

@Brice Alef-Torrisi, there's lots of different ways to skin this regarding entity structure and financial account structure.

I have a few lenders who do but they still require some money from the borrower so they have skin in the game.  

Things to keep in mind when pursuing your first fix & flip:-Target market (Do you want to stay inside Colorado or search markets out of state) -Liquidity/Reserves (How much do you have to contribute to the deal, need skin in the game) -Consider taking title in an entity such as an LLC vs your personal name (Tax benefits, reduces risk, etc) -Will your fix & flips be cosmetic or a full gut rehab? 

I wouldn't be opposed to having a little skin in the game (closing costs, inspections, etc) I would be living there paying market rent and doing the improvements myself.

There are many ways to skin it but I would go ahead and upgrade to QBO Plus.

There are a few ways to skin this cat.

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

You can go to a CU or local bank but they want a wad a cash from you for skin in the game and your going to have a rough interest rate.