Another concern I had was since the 'Managing Partners' had 'no skin in the game' if the deal was making negative cash flow at year-3 they could decided to call it quits and effectively wiping out the passive investors' principal.

You want to syndicate a deal but the most important ingredients of it are your track record and your skin in the game.

Donell Cummings A few good starting rules of thumb to spot the scams are as follows:1) single digit interest rate2) no fees3) no down payment/skin in the game.If it looks too good to be true, it absolutely is.

I usually put $100 down, just so the seller knows I do have a little skin in the game.Congrats again, let me know if I can help with any other questions.

Wilcox,I've been looking for private lenders that don't require any skin (No Money-Down Deals).

If you have a large to show as collateral lenders will be slobbering to get your accounts. 100 ways to skin a baseball (just kidding), 100 ways to make money in real estate.

Thicken up that skin and carry on.

Resumes tend to be embellished, but if I see significant skin in the game and other connections to people or organizations that I know (LinkedIn helps a great deal) I can gain some confidence in their abilities.

anyone know if there is an angel lender in illinois or a lender who won't want skin in the game?

Part of the reason for the 20% equity (down payment, whatev) is to keep the owners having skin in the game if stuff gets rough.