So I require skin in the game (average is 5% to 15%) to offset this.

I suggest an aggressive principal pay down so they can have skin in the game.

You won't learn a ton, but you will have skin in the game, and you will see how the business actually works.If not, then you need to learn the business before selecting markets from afar.

There are other ways to skin a cat!

I will use my knowledge in the home inspection field, owning and operating my home inspection business, the relationships i will make during that time, my experience in being a landlord and my knowledge as an licensed electrician and home inspector to help convince my investors that i am serious and have the skin in the game to get deals done.

The true value in most mentorships and coaching programs are the communities, the other people who put skin in the game to do it with you.

They have the thick skin and wherewithal to put up with this.

You are going to have a lot of trouble finding financing options with a 2nd lien and to 100% make up a purchase price (i.e. 100% debt financed with no equity or down payment "skin in the game") as part of your payment.I'd recommend looking in the "Creative Financing" subforum if you want to explore potential ways of doing this but frankly it is really difficult to find a genuine "shortcut" that wont end badly for not investing any of your money at all.BRRRR Method remains IMO the best for this but you still have to put some of your own capital to use during the process

Hi everyone, excited to get started! Specifically with BRRRRs and building up a solid portfolio of hidden gems. If anyone has any tips or tricks to a first-timer, feel free to leave a reply (especially curious about s...

Maybe because they're handed so many things for free they don't have much skin in the game or something I don't know.