For commercial sized apartments, the asset and the income coming from that asset are the real security behind the loan.If you are syndicating a deal, inspections are included in costs covered by partnership.  

If you're new to this asset class you might want to use 85%. 

If you want to renovate the asset, you may want to see a bridge or hard money loan.

All of  their loans are first position mortgages with personal guarantee meaning if foreclosure does not meet the debt requirement, FTF can go after the borrower's personal assets.

for the asset value, STRs have never had lower income (no counting any Covid lockdown periods).  

Meaning the asset could lose 20% or so of its value before impacting our position.

If you can show that you're experienced in the market, some traders might trust you to pull off a profitable trade even if you're not putting in as much cash.Regarding skins, being creative with your assets can help you move up the ladder.

It's how it goes in physical asset investing.

I always worry when people putting large sums of liquid assets into deals.  

And if all fails, I could sell after I graduate, and take the proceeds and pay off my high student loans if needed, or just "level up" to a different asset class when I am in another profession.