They want you to have skin in the game on a higher risk second home and a HELOC does this since it is money coming from the equity in your primary home.For a second home you can find places that will allow you to put down 10% instead of 20%.

Once you build a capital stack and gain experience you can move to cheaper capital that may require a little more skin in each deal.

Note that I do not put a lot of time into due diligence until the "contract to hold" meeting, when they put some skin in the game.At the "contract to hold" meeting, I collect an amount equal to one month's rent.

My skin is crawling...

any market has opportunities and there is a million and one ways to skin a cat.

Increases of lease income over life of lease further increase ROI.New construction is great for NNN leasing for property owner as exterior maintenance which is his/ her responsibility is non existent in a new properly built STVR.NNN leasing requires a builder and or property manager to have “skin in the game” based on building a quality rental and paying for high quality furnishings.

I think I have a self-taught MBA in business/real estate by now, but no sheep skin.

I can't tell from you post what the 30-35K consists of, but I'm guessing it is either partly your own skin in the game, or partly fees or a combination of both.Here's the thing: you are asking for a lender to provide a second position mortgage and to make it worse, you are asking for them to provide all of it with you having no skin in the game.

I want a ceo, co founder, that will come in and being his business skills to turn this idea profitable and invest skin in the game.

So if you don't have deals, and you want to invest and keep moving forward, new guys will have to go about it different ways, like more experienced guys, and then just give a larger piece of the pie to their team members etc until they have more experience, skin in the game, reputation, and equity to bring to the table.