Most hard money lenders will only lend 60-70% or less of the LTV  of the after repaired value and may want you to have some skin in the game. 

In fact, I rarely even bother asking why they are selling because a) I don't care, b) often they won't be honest with you anyway, and c) sometimes you just don't want to know (as was the case on an ex-hoarder's house I once bought, because the details would make your skin crawl). 

Rates can be further exacerbated if the rental is located in an area prone to natural disasters like earthquakes, flooding or fire, which can require additional levels of insurance.

@Nick Zocher The fact that you have no skin in the game, and thus nothing to lose if you don't honor your side of a legally binding agreement, is what is raising flags for your seller.

If you have a property under contract, you can get money through a private lender, but they do want you to put some into the deal so you have some "skin in the game."

Most lenders require the borrower to have some skin in the game and they have to come up with at least 10% of the purchase price, most times at least 20% of the purchase price while they fund 100% of the rehab from an escrow account in draws AFTER a that specific portion of the work has been completed.Many people say they don't want tenants that are already there.  

But unless and until we face that problem, it will inhibit serious movement toward providing all Americans - black, brown, yellow, white and all the skin color mixtures in between - with this basic need and right.

She has 2 big dogs who have gotten out multiple times and tried biting the same neighbor (grabbed her jacket - no broken skin) twice.

Shaun  you need cash to put down on the deals you want to do .. 401k is great but they want skin in the game on the asset your planning on buying.

Hey BP, I have been reading through some of the forums and I see some mixed opinions on this subject, Here's the question: If you don't have enough money for a down payment and your credit isn't the best and you deiced to bring in a partner 50/50 partner who has the money for a down payment giving you guys skin in the game.