I'm looking to get skin in the game asap while I wait on getting pre-approved.

There is nothing wrong with FHA, yet how much skin are you going to put in the game?

They would have no "skin in the game" and no equity to boot.  

I'm very conservative and want conservative leverage percentages, long-term fixed rate loans, high skin in the game and sponsor that has experienced at least one full real estate cycle and lost little to no investor money.

Keep in mind the banks will always want you to have some skin in the game so seller financing may not remove the requirement for you to provide a down payment. 2.

They want to make sure you still have some skin in the game since this is really a cash-out refinance.

You might want to start another post in the "site questions" forum if you want to see this kind of behavior; discussing it further here would be getting too far off topic.And if you have any other questions that you would direct at a "BP site mentor", then post those in the "site questions" forum - you gain the entire member base as potential mentors; some of whom will know some solutions or workarounds for whatever is troubling you regarding the BP site.Now, as to your original post in this thread: Sometimes you will find that people are thinner skinned than you expect.

Lots of ways to skin the cat, but I like to keep things as simple as possible.

Lenders still have skin in the game I know of no underwriter willing to put their butts on the line.If anyone has acomplished a short sale flip to an FHA buyer using transactional funding, please chime in!

From a lender's perspective:Points are another way of describing the origination fee, which the lender is charging in order to cover their costs on the appraisal, comps, etc. to make sure that they're getting involved in an acceptable (to them) deal.Also, recognize that points are a (relatively) cheap way for the lender to get the borrower to put some skin in the game.Finally, they charge points because they can.