I suspect they make a good amount of their revenue on flipping dreamers who risk the 3k.but if you think about it from Do hard monies point of view for sure they are going to be ultra conservative I don't blame them and they are only going to fund screaming deals where the borrower has Zero skin in the game other than the  3k and 600 fee and there are most likely other little fee's like title and escrow.. but show me a beginner who can land screaming deals.. sure some will stumble on them. but in my 40 years of lending HM most beginners have no clue as to what a deal is.and therefore this company is killing it making 3600 on turn downs.. pretty sweet if you can get away with it. 

Since you are relatively green you will most likely need some money into the deal to have some skin in the game.

ALl the while you will need to have skin in the game also so your LTV will have to be between 60/40 to 80/20 depending on your credit.Bottom line if your credit score is 750 and above you should see something at an interest rate of 5-7 percent with a 80/20 LTV, and closing costs around 5 points. 

Because of the current lack of inventory, you're going to be competing with dozens of savvy agents marketing for listings, as well as the wholesalers who've been around for years with a lot more experience and skin in the game.

Even hard money lenders want you to have skin in the game. 

There are so many strategies mentioned, and there are a thousand ways to skin a cat in real estate.

Our plan was for him to be part owner so as to have some skin in the game.

What is there skin in the game.

I just wanted to share what I read and I thank everyone for all their advice about not getting skinned alive.I know it won't be easy but I just think sellers will have to be a little more flexible when it comes to selling their properties now.Louis made a great point about the regulations that are in place that will cause so much hardship and stress.

If you have to tell me I don't have a clue, not a problem, I have some thick skin!