You gotta have some skin in the game RR

@Federico Gutierrez For me personally, The things that you mentioned that needed to be replaced or fixed are just the cost of doing business or "additional skin in the game".

Why flog a dead horse irritating the Realtors and the sellers?

Originally posted by Ejaz Syed:Guru's I joined this forum today and read through a couple of postings all of them are extremely interesting but what I did not understand is how can you RE- Sell property without investingFor a new investor like me do you guys have any suggestions on where I should acquire more basic knowledgeI have just moved to the DFW area from VA ThanksEjazJust mess'n with ya some, you need thick skin in RE and a sence of sick humor....Ned gave you the low down, buying without money though is not quite right.

As has been discussed before on here investors are leery when one doesn't have skin in the game.

Rob K haha, ya, if he is stuck in some hole in Buffalo Bill's basement and I am his only way out my recommendation would be to "put the lotion on the skin" and send me the invoice.

So, how do we structure such a deal to ensure buyers have some skin in the game?  

If a multi family property is apprised at $700K and you're able to come to terms with the seller at a purchase price of $525K (75% of appraised value) would a typical commercial lender finance the entire deal if their policy was 75% LTV  or would they still require you to have some sort of skin in the game?

Point is, if you have no projects, reduce your finance cost as much as possible. if you have more deals you could be doing that are profitable, hoard your cash for the 15-25% equity skin in the game required by hard and private money so you can maximize the amount of real estate you can control.

I know there is something about them being known to you instead of soliciting random strangers.If you meant to say $1 million, you're going to have a MUCH easier time finding loans, but if you have no skin in the game or no experience or both, that's also going to be a difficult sell.