Sandy,There are several ways to "skin a cat" so to speak and wholesaling is no different.

There are many cases in which I will and like to buy without any skin in the game, but there are also many investment opportunities in which I can make big profits with using my money and the profit margins can be much higher.

It will eat mortar grout (and your skin - again, be careful)

I know what you mean but it's not skin tone anymore, a level of "gentrification" is probably what you meant and is the more accurate term.Since this was brought up, I have to relate something else I discovered about the rural "hood".

His reasoning is as Tracy says she has hundreds of files on her desk and is always irritated when he talks to her.

Plus you need skin in the game as they say you have to come up with a down payment as well.

Pretty thick skin by now.

Conventional lenders want to see YOUR skin in the game.

put up the $1k. just make sure your offer has a bail-out clause. something about being able to bail if your 'partner' does not agree. get some skin in the game.nobody needs to know that you dont have a partner. i've read that others on the forum have used this clause successfully. i myself have never used it (or put into the situation).

Hard money is different in that the HML will want to check your credit worthiness, will want you to have a specific amount of skin in the game (your own funds), will only lend up to a certain LTV, will usually charge at least 12.5% ineterst these days, will want points (usually a minimum of 3 points) and the terms rarely go past 12 months.