@Keith BelznerThere are many ways to skin that cat but the bottom line is that you want to have and option to buy but not the obligation.

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

I would suggest you get some thicker skin as they say as this business will get you doors slammed in your face, people yelling at you for calling them on the phone, hate mail back for sending them mailers, and much more.

It's the best way to treat your skin.

You will however need some money to get the original loan from an HML, 10-15% of the cost to purchase/rehab, ie you must have some skin in the game to incentivize a successful outcome.    

I have also heard that you have to have thick skin in wholesaling.

There are many ways to approach or skin this cat.Typically lenders will say they need to get back to their system/software to determine how much they can back into your maximum loan amount remaining.

About this time the other tenant walks out of the kitchen with a headless, skinned carcass of a squirrel.Knowing that it would not be an odd question considering the extremely small country bumpkin town, I asked if he shot it out of one of the trees on the property.

So my point is many ways to skin a cat in this game

@Jerry Poon Where you invest and fund a newly originated short-term loan (usually a rehab fix/flip) and (in our scenerios) the buyer has "skin in the game".