They have more skin in the game then you do.Make sure you get clear title.

-Mike  @Michael Durante The main downside of DPA programs is that since you have no money/skin in the game you pay more interest.

There are many different examples available and a variety of ways to skin the cat.

(While not the end all, those that have skin in the game should have a good sense of the market performance).- What's a realistic cap rate for STR's in the area?

So for a person with little to no track record, expect to get grilled and a lot of no's, or getting focused direction as to the "skin" you have to bring into it and so on, they will not be quick to tell you how "easy" it can be because it won't be. 

@Eric Skinner Hey HML's will lend to you; albeit, at a higher down payment amount aka leverage aka skin in the game.

They have more skin in the game then you do.Make sure you get clear title.

I don’t have 20% of a property to put down for skin in the game right now (I’m also looking for a partner who has the funds and/or experience) but I’ve learned that some HML are willing to finance 100% if the deal is just that good.

I recently decided to cut the excuses, pay the yearly BP fee and get some skin in the game to force me to work harder so I can make that money back through scaling my real estate investing.  

Hey Kelly, I invest here in Tallahassee and just finished what was supposed to be a BRRRR but the mortgage companies have little interest in providing loans for BRRRRs (cash out refinance with the house purchased in cash) if you have no skin left in the game.