You just have to find out that magic equity % your investor will be ok with with you not putting skin in the game.

They want you to have more skin in the game. 

Market prices are what properties are actually selling for, not what some website with no skin in the game zestimates they are worth...C sold for $23K 18 months ago, and B sold for $11K about 14 months ago.http://www.zillow.com/homedetails/5803-Hunting-Rid...http://www.zillow.com/homedetails/5803-Hunting-Rid...HOA fee being so high is what's keeping the price of these units so low, IMO.

You'll have no skin in the game, and2.

Banks will want you to have skin in the game too.

However; if you do finance your deals, how much skin in the game do your lenders require?

Most contractors are notoriously difficult to get good, quick service from so you need him to have LOTS of skin in the game.If you come to a loggerhead and you still really want to use him, ask him to use an escrow agent that will serve as the middleman.

Many banks are going to want to see that you have skin in the game....most are not ok with you bringing in a second loan and not having your own funds in the deal.

There's not one way to skin a cat in real estate . . .

I owned the dirt so I had skin in the game and the lender would fund the construction costs and have a deed (first position) on the property.