I would recommend you go to the libarary and read some very basic real estate investing books or better yet take pre license course.. this will give you terms vocabulary and the basics.. then there are 99 ways to skin the real estate cat and you will get 120 of those on BP  LOLgood luck

QB that saved my skin on the job.

QB that saved my skin on the job.

You should have a skin in the game and pay your fair share of the project cost.

You'll find that most wholesalers trying to make money in what they do have absolutely zero shame about more than doubling what would be to someone with actual skin in the game a realistic ARV assessment.Calculating the value of sweat equity is a whole different beast.

That said, I’d be happy to take a look at your particular unit and give an opinion as well as connect you with some other locals who’ve got more skin in those neighborhoods than I.Feel free to PM

I'm trying to find a way to put "skin in the game" with my retirement capital, and for that to earn passive returns, but also receive the upside from being the active manager outside of that retirement envelope, if that makes sense ... because syndicating is going to be my full time job.

I just personally don’t agree with his methodology of starting with a 16-62 unit deal, when you have no “skin in the game” / experience.Thanks for the reply !

They have more skin in the game then you do.Make sure you get clear title.

There are of course some other things that you can do in the meanwhile, including importantly 1) Save, 2) Save and 3) Combinations of points 1&2.Most HMLs will want you to have skin in the game.