If you listened to my podcast, you remember the skin-in-the-game concept.

It finally gets under my skin as I was expecting him to pull some crap - and then he did.

A bank would be skinned alive holding a no income verification loan in any portfolio by regulators!

Anything can happen it might, if your cash flow slows you need to be able to cover the payments because SBA will get their skin.

Plus, 401K money basically can't be touched without penalties until you have loose skin (if I even make it that long). 

After speaking to a few investors who have had skin in the game now for over a decade, several mentioned the idea of having one person (wife or myself) become a real estate professional and then start the business of investing etc.  

Is 5.4% enough skin in the game?

Basically all lenders are going to want you to have skin in the game.... and as such it's going to take money.

I personally think you shouldn't be investing in something you are not willing to put some skin into and the fixed 5.5% is as cheap of money as your gonna get and if you put 20% down and it all goes south well you lost your 20% that is reasonable. 

Last but not least, check your ego at the door and reach out to people that have skin in the game.