I suggest you get some thicker skin!

This cat is getting skinned one way or the other despite Mr Fannie Mae's efforts.Don

It seems to me like I'm the only one with skin in that game and the payday doesn't justify the risk.By upfront payment I mean you pay me something like $150.00 per lead for each of those ten leads.

You may also find that with 100% financing the deal doesn't cash flow.Most lenders are going to expect some skin in the game.

You gotta have elephant skin when it comes to dealing with tenants in this areas.

"That doesn't mean anything.Just like when 2 people start dating they show just the better side of themselves.Later is when all the problems surface.This is why credit and criminal is so important as you get information from a non-biased source on their history.If the credit report show job stability that can be a plus as well.You have to make the tenant have skin in the game so they behave themselves and get their deposit back.If they don't have a big deposit and first and lasts I would move on.

And PS, didn't mean to be so rough on you, didn't mean to skin you, just get your attention on what was proposed......good job so far!

Trying to skin a cat is one thing, trying to skin a tiger is another, IMO.I personally have had owners of multis come to me and say...help me!

There is more than one way to skin a cat.You make your money going in.

Loans are made on a case by case basis, and there is none of your skin requirement,so long as it makes sence.