Is that normal to put in an offer to tie up a property like that for 2 months, with no real skin in the game, assuming he can just get his earnest money back and back out a week before closing if his financing falls through?  

I've been assuming that conventional lenders want the buyers to have skin in the game.

All of this hype will only exacerbate the negative effects of a crypto bubble that I do believe very obviously exists.

You should speak to a competent lender that can either do delayed financing, which would be backing you 80% LTV out of the deal keeping some skin in the property.

I feel that anyone in this community is setting themselves up to be part of the latter.Anyways, I'm in Philly and looking to get skin in the game in 2023.

This can be a slow going process to start but once you have a good portfolio of properties the equity will be there to scale... doing low down payments and variable rate mortgages etc. is risky and doesn't leave enough skin in the game to do much with. 

But getting into a public pixxing match with the AG probably exacerbated everything, where neither one could let their ego go.I did not work with real estate overages...but found another line of unclaimed funds

If you want to be successful in real estate, you’ll need to have a lot thicker skin than what you’re exhibiting in your last post2.

The lenders I work with do not allow gift funds since its more risk to the lender as the borrower has less skin in the game.

It's all about "TRUST" and giving him skin in the game.