First lien basis, so you can’t borrow the down payment from them.Most lenders want a borrower to have a certain amount of skin in the game, so LEGALLY being able to put together a nothing down deal is MUCH more difficult than it used to be.A good-great deal can be syndicated, but the money investors want the vast majority of equity ownership, leaving relatively small amount of equity for the “promote”.

@Laura Chevalier So there are a lot of ways to skin the cat on this one.

Granite/hard surface will take much more abuse but will cost much more. 

I'm also interested what it's been like for landlords but since I've just started Im looking to just getting skin to put in the game for now. any advice would be greatly appreciated thank you!

It's borderline a hoarder home so about every surface needs something.

I live in Boca Raton, but work in Ft Lauderdale and Miami so happy to meet up with anyone in the business that is looking to put skin in the game (not just a broker).

Basically your skin in the game.

I looked at a couple in Ft Lauderdale that seemed OK on the surface, but when I saw a quarterly statement there were months where the owner owed the hotel money, lol. 

You are asking people to invest their money in a project with a young person with no experience and who will have no 'skin in the game'.

Many hard/private money lenders overlook that and some even lend with no skin in the game, although not common without a prior relationship and or track record.3.