However, Even most private investors want you to have some skin in the game. 

Insurance companies will require a bit more skin in the game.

@Edgar Daniel gonzalezIf you have some "skin in a game" cash, you can always negotiate terms with Seller.Or even without cash you can try Master Lease Agreement, to build your credibility????

I’m also not afraid to put my skin in the game to assist with financing on the right deal.

My wife and I wanted a deep dive on the numbers and general financial advice so we hired a CFP with no skin in the stock game or products to sell.

Them having skin in the game ensures they will find you the best help.

Will a lender take a percentage of the ARV on the refi and I would not have to put capital down, or do they take a percentage of the current money I have into it for "skin in the game?"

That is why you will always have to have a good chunk of equity as a DP (skin in the game). 

Also, without skin in the game your risk is...well, kinda zero...If you do have zero dollars at risk than I wouldn't expect 50% or even 25% of the profits.

At first, it would be for smaller commercial properties, but if the relationship grows well and we make a good team, I'd love to scale up with them.Ideally it's a win-win for all:For the PM: They get a large chunk of equityThey get more business.They get access to my investors' capital for potentially future dealsIn a way, they eat what they killFor me: I look favorable to the lender with an experienced PM team as a partnerI'll get a deal under my beltI'll be able to get help with the downpayment, reducing the burden on my investors and myselfFor my investors Sure, they lose out on some equity, but they'll get a (slightly) higher return due to the lower monthly management feeThey'll sleep easy knowing that the PM has skin in the game and is experiencedTo be clear, I'm playing the long game, so I'm more than willing to do say, a 55/30/15 split with the PM/Investors/Myself and with a 3-5% monthly management fee.