My name is Lindsey and although I am new here I have been dabbling in the Real Estate game for quite a few years.

It is not the only one on the list: DEC was purchased by Compaq in what at the time was the largest merger in the history of the computer industry and later (2002) Compaq was purchased for $25B by HP. 

That experience has stayed with me and I am now quite interested in getting involved in the industry.

I get all the perspective and thanks for sharing; so I can assume that the guarantor requirement is going to stay regardless and there is no avoiding that until we have some "skin" in the game....?

I have read numerous times that you shouldn't invest in California real estate (you can buy 4 properties in the midwest for the price of 1 in CA) and that you should never invest in a city that has no industry or a declining population.I live in the mountains of Northern California, very "middle of nowhere".

@Aundre Oldacre - you may be able to find a bridge type lender that will allow a bit of cross collateralization but make no mistake, you will have to put some cash skin in the game. 

I’m thinking of wholesaling route to get in the game, because of our desire to stay away from debt as much as possible even with real estate.

I LOVE real estate and I'm really excited and don't want to make a stupid move just to get in the game.

I studied Industrial and Systems Engineering and I will be graduating in May.

I'm just curious what various lenders would be looking for in compensation and structure of this deal:Purchase Price: $25,000Rehab/Holding/selling costs: $30,000ARV/Sale Price:  $85,00090 days for purchase/rehab/sale**My questions below are coming from the scope of my view that a HML being a formal institution/group with a bunch of standard terms, processes, etc... and a Private Lender being someone with money, willing to loan it short term, without all kind of formalities(if that makes any sense)So in a HML world, 65% of ARV would be right at $55,000... does anyone does this deal without requiring rehabber to have skin in the game?