There's more than one way to skin a cat... and get proof of income...

@James ClaytonThis BP board may not be the board for you to have fun with.There are senseis and grasshoppers here.The Mr Miagis (reference Karate Kid) will be gruff with you and ignore you if they feel you are not listening and heeding.Get a tough skin on BP (be a grasshopper) or find another board.Look at the votes to posts ratio of people that take the time to respond to you, look for 1:2 or better, and heed their advice at your own peril.

I made gumbo, her husband made wings and stuffed potato skins, Daughter #2 made veggie pizza and chips and queso, Daughter #4 made croissants stuffed with mushrooms, Daughter #3 and her husband couldn't make it. 

The borrower has 0 skin in the game and the upside for the lender is minimal. 

Are you truly contemplating not pursuing this deal because the seller wants to see you've got some skin in the game opposed to $20? 

Yes, some hard money lenders will consider that property to be your skin in the game. 

Especially for a first deal until you gain more knowledge and get some skin in the game.

Your understanding of sub3 is still not what you think it is...We are not buying the note...Although in the original incarnation that was one way we thought it would work to skin the cat...

That could be due to a various things, but mostly it's just a fact of life.There is more than one way to skin a cat.

., small investors it's our own skin in the game and thats why we can try to maneuver it and watch it more realistically .