No one is asking you to for a to-the-inch measurement, but it gets under my skin when a wholesaler tells me that "It's only 900 sqft of hardwoods/carpet!"

There are some ways to skin that cat so everyone stays happy.

I was always interested in real estate and "read until I was dead" lol, but no one took me seriously until I put "skin in the game".

I have asked for "skin in the game" in the way of asking them to fund a % of the rehabs out of their pocket.

Let's say hard money lender might count that $25k of equity provided that you come in with at least 10% skin in the game.You come in with $12.5k.Lender lends you $112.5k based on them counting another $25k of equity in the deal.You turn around 5 seconds after closing, and rate/term refinance.

1) most don't "Want" you to do that (the whole "skin in the game" concept)2) private money is going to be less concerned 3) I've done loans like this but as you're sort of skirting around the edges of what you should do, I'd just assume not go into details.

I've found some hard money loans that will cover 85% financing, and I think it's fair for the borrower to have some skin in the game.

Actually, you should be able to get concrete, data-based information on every aspect of a TK operation - lack of prompt and transparent communication is another massive red flag.I think the greatest argument against self-assembling a team would be that each entity has limited skin in the game.

Personally for flips in LA County 100,000 comes in handy to just even put some skin in the game on an investment property with a hard money or private lender.

It also means that most of these entities have limited skin in the game - meaning they just need to move through the part of the investment that gets them paid.