(Also, none of the workers was wearing protection for their skin, eyes or breathing.)Besides belongings that were in the damaged areas, we have asked that all soft goods be replaced because of the negligence of the cleanup crew, which admitted to us they did not follow proper mold remediation procedures.

That's not included rehab costs, r.e. agents / attorney fees, closing costs, insurance etc and you'll still need some 'skin in the game'.There are even JV offers on earnest monies (they'll put up the full amount of the EMD) that I've heard of.

You can try to get the seller to agree to a thirty day window for you to find an end buyer and only have as little as $10 of skin in the game.

With no experience, no real skin in the game and no one signing the docs whose experienced and taking responsibility I don't see anyone being confident enough to lend you 100%.And on your 1st deal, maybe first 2 deals, forget about making a huge profit, if any at all.

@Thomas Zak most lenders do not provide you the full funds for both purchase and rehab, they usually require you to have some skin in the game.

--- And then, how can I minimize my risk 2nd position is a start can I minimize even further by requesting that In only fund 75-80% of each and that the builder fund the remaining 20-25% so that he has skin in the game?

LOW RISK - HIGH REWARD biz.JUST MY 2 CENTS BUT THERE'S MORE THAN ONE WAY TO SKIN A MEE-YOW

There is one guy, initials DD, who is such a sleaze bag, even being in the same room as him makes my skin crawl.

Lots of ways to skin this cat so to speak.

In essence, prepare your private equity partner to bring more skin in the game if necessary to do these deals.