Whether I purchase it cash or with conventional financing, the banks only want to lend/refinance up to a specific LTV (usually 70-75%) on the purchase price EVEN if I buy the property at a significant discount (e.g. 50% of its current market value).In the past I've always struggled with this same issue, and thus eventually I end up tying all my capital in properties and I'm unable to purchase more (even hard money lenders want you to put some skin in the game).

Target your customers based on their search behavior.

Play the long game

I tried to explain to him that it is just a numbers game to me, and that I am not looking to be a "Shark"; He told me that some investors do it, and end up with bad reputations for doing so.

My game plan is similar.

Need to be in it for the long game for DMM.The one thing about direct-mail, the leads are so unmotivated, you need a solid volume to find the good ones.

They want to ensure you have serious skin in the game, which will help them sleep comfortably, knowing you most likely wont walk away.Maybe to get started, you might consider becoming a wholesaler.  

Seems there are many of us trying to get this REI game on in Albuquerque.

So can be a tough game for a small investor.   

Hi Stephen-Scenario I find two properties that show promise find an instituation willing to let me borrow for both properties, so the only skin I have in the game would be the percenatage down for both investments and use the banks money for everything else?