Most seller finance notes have interest rates in the 9-10%+ range.Also, 5% down is very little skin in the game for the borrower.

Alternatively i could go for being a real estate broker and try to get experience in actual real estate without putting too much of my own skin in the game.

How come you don't see the excitement you could have, of asking yourself all those questions at your desktop, if only you had some skin in the game?

This is why you need to do a ton of due diligence on them and make sure they have skin and the game and something to lose.

They told me they never trained for that, just reacted to save their own skin. 

This is recognized by financial planners, bankers and other experts from coast-to-coast as a valid strategy where it meets the consumer's need.I don't take ANYONE at their word because of their age, sheep skins or experience. 

Cash to invest (enough for deposits, skin in the game lenders want you to have, closing costs, carrying costs, and to kick off rehab work).2.) 

They have no skin in the game, they'll just move on to the next owner.

- To actually make money investing in S8 rentals, you'll need to develop a thick skin, so you can make business decisions that often conflict with one's humanity tendencies.DM us if you'd like to discuss more.

But it's in your interests to make sure the property value makes sense and the borrower has skin in the game.