They usually want you to have skin in the game, so probably 20% down again, but at least with flipping you'll get the money back, plus your profits, within 3-4 months (If everything works out of course). 

If you're putting up 100% of the capital and they have no skin in the game that's a red flag to me.

Most of the time you end up stroking big checks and wait and lose control and have to go back and fix it anyway.No way I'd wait on somebody (who has no skin in this and doesn't really give a rip) to do this for me while taking forever and getting a month of rent for the privilege.

Then you technically have nothing to lose and the banks wants to still see you have skin in the game.

It's certainly more likely that you'll get a response than a yellow letter, but I bet you'll need some thick skin for the responses you'll get.  

My experience: you need skin for this game.

I know it gets under people's skin to think they are paying for their tenants to go hog wild on heating and cooling, but in this area it seems fairly common for utilities to be linked together in a lot of properties I have seen.

I can tell you that I would never invest in a deal unless the lead investor had significant skin in the game.

If someone could point me to some beginners reading materials, and possibly recommend a strategy to get some skin in the game (i.e. how to get a JV money partner) I would be very grateful! 

I haven't come across a bank which will let with zero skin in the game.