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

Don't be shy, I have thick skin I can take it.

Account Closed this is precisely the route I would take if my credit score were up to their standards and I had capital for the required 'skin in the game'.

For the experienced multifamily investor:Assuming all systems are good and there is little to no deferred maintenance what sort of value do you think a stabilized, brick skinned quadraplex with slanted roof would be worth in a solid "C+" area with shopping (WalMart, Kroger, etc) and public transportation within walking distance and major employment centers nearby?

The interest rate is a ridiculous 7% (which I'm working to refi now).A potential capital partner (old Army buddy) from Colorado says he will match my equity if I agree to sell it to an LLP we plan to establish (skin in the game).  

@@Jared Kovall-ScarlettInterview hard money lenders, many want skin in gameLook into private lendersLook into REIAsThink about a JV w a seller on a minor rehab, seller carries a single payment note until resale

Wherever you go you'll need an advocate on site whose interests are aligned with yours; someone with some of their own skin in the game.

A lot of portfolio lenders dont want you to take more than your "own skin in the game," out before 6 -12 months either, atleast this has been my experience with WA local portfolio lenders however I am sure there will be someone out there who will do it or do it with enough financial wherewithal.

Yes, this stuff was much more a reality back before the real estate bust...the gurus haven't updated their courses, I guess...These days (as Bill indicated), banks aren't generally going to allow the seller to carry-back a portion of the loan -- they're going to want to see the buyer have some skin in the game.As for seller financing, it exists...it's just *really* tough to find.

The banks may also be concerned that you have no skin in the game.Mark