They have more skin in the game then you do.Make sure you get clear title.

These types of loans typically require at least a 10-20% down payment, as lenders want to see that you’re financially committed to the project.There are ways to get creative but they still require some form of skin in the game. 

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

Gotta have some skin in the game. 

I personally like one sponsor who has been through multiple real estate cycles without losing any investor money, puts very large amounts of skin in the game, is conservatively leveraged and has a very good 1031 exchange program.

There is a reason we lenders require "skin in the game" and experience.

I've seen some well-known syndicators brag about having "skin in the game" when the truth is they invest $100,000 in $25 million deal but take home $250,000 or more in fees.

People with no skin in the game are telling you it is not hte blue mans fault even based on what you told them. 

They wouldn't have any skin in the game and could just walk away and leave you high and dry if things go wrong with the property.

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.