Hard Money lenders may give you a high amount of leverage for the purchase price + construction money on a REHAB project, but full construction projects demand a significant amount of skin in the game from the borrower all around.

Its a 6th month term with interest paid upfront at the start of the loan by our business (to show we have skin in the game) and the principle bubbles at the end of the term.

Lenders want "skin in the game".  

However, if you are doing one, the partners will like to see you have some skin in the game. 

@Sagar Jethva No HML's will lend you without your skin on the game.

Plus you are going to need leverage of some type to acquire 25 properties anyway, and most lenders want you to have some skin in the game in order to get their cash.

I've been doing this a very long time and have pretty thick skin.

Outside investors like to see you've got 'skin in the game' before putting their own money in.

There is more than one way to skin a cat so even with bad credit and low savings it can still be done, admittedly it will be harder but not impossible.If you can figure out how you are going to get control of that property first then you can go out and find it and craft your plan to rehab it and flip it.

They would want you to have some skin in the game.