So a great house, in a growing area, with a borrower making good income in a steady job, with little if any debt will garner those higher prices vs a guy who is getting by on the skin of his teeth, with a ton of debt, seasonal, unsteady job, and a high debt to income ration.

Account Closed  as a general statement those HML who only do asset based loans were not in business prior to 08 melt down... those of us who were... realized hey its all our money and with no skin in the game or doing no underwriting of the borrower is a quick way to take on bad loans... those that have no money and no credit or very poor credit..

Hard money lenders are always going to insist that you have some "skin in the game" so you'll need to have some seed money of your own to put towards a rehab deal.  

How much skin did you originally sacrifice to the game?...

But I think many of them didn't start teaching with a "let's skin some newbies" mentality.I've personally never paid for education except for a mentoring program.

Be a quality wholesaler who puts skin in the game and keeps the seller's interest at heart!

They generally like that answer as you still have skin in the game but are savings funds for any unexpected events with the property to keep it performing. 

Didn't we learn anything about people not having any skin in the game. 

Bubble which irritated your skin as a kid ... well he grew-up as well...

If the bank goes under while it's holding your mortgage, rest assured that somebody else will pick up the servicing and holding of that note, so it's really no skin off your nose if they do go belly up.