They want you to have some skin in the game.

That way, when you're "ready", whatever that means, you'll have some cash = skin in the game to get started.

Learn as many ways to skin a cat as you can, don't buy guru books for a special super successful way to do something, you can read here or get info from forums and blogs.Be very familiar with RE financing, financing is the key to real estate.You can initially use investor ratios like the 2% rule or 65% of value but learn what repairs cost in your area and know how to estimate costs yourself.

More than likely the attorney will recommend that you put some skin in the game, but who knows you may get by with your $10 EM.

There are different ways to skin the cat, but that book will give you a great start.

I'd love to get my first SFH rental rolling and get some skin in the game -- I just don't want it to be my rear!!

Title companies are now reluctant to do these.The second type is a wet closing, that is where separate funding is used to close each escrow, that could be transactional or flash funding to close the first escrow, and the buyers funds to close the second escrow and pay off the flash funder.There are several ways to skin a cat, and it is possible to do a single escrow and avoid the back to back closing and extra costs.

HML's will rarely lend without any borrwer's "skin in the game" so be mindful of that.

LOL, no comments.....again,let me guess, you need a lsit of unknowns because you can't develop a relationship for repeat business....does that mean that your deals are all about skinning the buyer?

The seller will want that upfront so he gets paid (and then he can take it back again maybe); the seller might want that to show your level of commitment ("skin in the game").