The Fed has so much skin in the game right now with their inflated balance sheet that they have no choice but to inflate or else face insolvency.

Hard money generally doesn't go to 100% - 75% is a "normal" max but a lot will not go higher then smaller numbers like 70 or 60.So you will have to put $$ in - HML will want you to have skin in the game.You need to find something that leaves you $$ left over for rehab.Also - remember your buying that 100K property (ARV) for 70K or 50K or whatever and that is the amount your financing.or if you say homes (even rough ones) go for 100K - well - are they worth more after reahb - if they are worth 150K that is what the HML will loan on.So in that case you can get a 70% LTV from a HML - kick in 5-10K (with closing costs) and then spend the rest on the rehab and holding.Some HML will let you in with no skin on your second + deal as well so it does get easier the more you perform.

many (most) times, the lender will not consider a loan modification until you have defaulted. so if you default, your credit will be damaged.lenders want to make sure you have skin in the game. you signed a contract for the terms listed and if you want out of the original contract, you need to pay a premium.

Proof of Funds (if any I Highly recommend this and I would say 99% its a requirement investors/banks want to see that you are willing to put "Skin in the game")6.

SPEC office building, with the only skin we had in the game being the engineering that the seller had actually paid for, and our selling commissions, I found a lender to do the deal (funded the purchase the land and construction loan).

Most private investors want you to have some skin in the game.4.

I suppose if it's the latter the work would be in identifying those partners without a lot of skin in the game or experience. 

Assuming so, as Dion pointed out, a bank isn't going to be the only one getting skinned, the second will need to make concessions, probably out of spite by the bank, and it depends too on the second.

They want to see your skin in the game. 

Maybe it's because I had skin in the game??