You're going to have to find a way to come up with some of the money (family loan, line of credit) to show you have skin in the game. 

This normally means skin in the game, though it's quite common for very experienced flippers to obtain 100% financing.Sorry to be blunt here, but unless you are trying to impress your Aunt Agnes to fund a deal, forget the business plan.

It's more of a mentality thing, I want a clear divide between their life as a renter and their new life as an owner, and a good way to do that is for them to put some skin in the game.

As an example, some Private Lenders in the Bay Area will lend up to 75% on After-Repair Value (ARV) with "skin in the game" (10% cash-in or cross-collateralization).

I am willing to put some skin in the game, but I just don't have much to put in personally.

So based on that and the environment we are in today.. most HML want as much if not more skin in the game than a conventional lender .. etc etc.

I don't have cash but without a car I'm in the same boat because this is skin in the game.

My definition of an investor is a person who, having come to a calculated risk/reward understanding in his/her mind, has proceeded to put forth some skin in the game (something of value to them, i.e.money) with an expectation of receiving their reward because they were willing to risk said skin.  

kitchen cabinets were skinned with 120 year old barnwood siding!

@ Tyler Richards - it's an REO as @Lisa Kohl mentioned and the banks want to see you have skin in the game.