Quote from @Joseph Gozlan: Quote from @Brandon Hicks: Quote from @Joseph Gozlan: I don't know the man and have zero skin in that game but I read the article and I don't see a scam that hurts investors here..."...Among those is Onofrio wiring funds from his company to investors’ accounts to temporarily increase their assets when they sought financing from banks.

No one has more "skin in the game" than a PMC as they have to deal with the property every day until an owner sells or fires them.Also recommend finding your own Inspector and not one referred by an agent.

It does not matter whether you are starting a real estate business, restaurant, car wash, or amazon commerce business - the lender will first look at you and your partner and how much skin you have in the game, your experience and the risk of the loan not getting paid. 

You will get tough skin, and if you can handle sec 8 you can pretty much handle any other tenant. 100k unfortunately won't get you too far in many places; BRRRR is fine but unlikely to pull out 100% of your money.

Edgardo,I'm not clear if you are buying these properties yourself and putting skin in the game OR are you working with investors to provide information and then acting as their agent to sell the properties?

NO skin in the game for the sponsor?

It's the poor homeowners who put their trust in someone with no skin in the game and empty promises.

Less skin in the game & delegating responsibilities such as guarantee, GP equity with less scrutinyAs an LP who can only write smaller checks, why go with the GP who falls under the larger syndication category?

Skin in the game is to keeping down expenses and installing an equal goal between tenant and landlord.

For a bridge loan, there are other type of lenders that will be willingly support this.Scenario 2: Rehab NeededIf rehab is needed, the HML may not without "skin in the game".