I’m looking for some strategic advice but I don’t know anyone locally that thinks like the people on this board.I have four houses, three rentals plus primary. 3/2 1050sq’ owe $75k worth $240k rent is $1025 improved rent would be $1200 3/2.5 1090sq’ owe $80k worth $270k rent is $1025 improved rent would be $1450 3/2.5 2400sq’ owe $190k worth $455k rent is $1950 5/3 3500sq’ owe $160 worth $550k primaryI live in the west and values are sliding so numbers are guesses but I tend to be conservative.If I had to guess our 'real skin' in all this is probably about $25k.

20% 0% super risky for a bank to put all the skin in the game and you have none.

There are so many different ways to skin the cat in real estate.

They will require some of your money for the purchase depending on the project to make sure you are putting some skin in the game.

I also prefer that the managers share the risk alongside me - via skin in the game and/or profiting only after I have my capital returned along with a preferred return before the manager/developer makes any profit. 

Most sellers are going to want some money to show you have skin in the game and for their own personal cash flow.here's an example of what a seller wanted after approaching me and an investor buyer:Rental property. hi ranch with a basement. 2 bedroom 1 bath on both floors.

You will need to have some funding though, as they prefer you to have skin in the game.

This may not work with a bank that may require some skin in the game.

Terms below.Purchase price: $150KRehab cost: $100-$125KARV: $425K-$450KMy Skin in the Game: $30KPartner: $270KProfit split:50/50I am working with a private investor and structuring it as a equity partnership.

Please do not hesitate to ask any questions I have very thick skin but I Believe everything is a lesson and I learn from anything given to me.