You will learn more when you do it and you have skin in the game.

I know I want to build my net worth for the future but I can't live by the skin of my teeth like my current landlord is.

Their are many ways to skin a cat.4- You are entering into a very different market today than many have ever seen.

They would want you to have some skin in the game.

In other words, there are many ways "to skin this cat"

You would have to front some costs to perform all the DD, but the receive it back.I know a few posters on here mention that lenders wont lend if you dont have skin in the game.

In my experience PMs are not as diligent as you will be, ever, because they don't have real skin in the game.

But I can tell you one thing, they are coming after any asset you have....They are looking for you to get some "skin in the game".Then again, she could just be saying that to keep the money coming inYou got that right.

One CPA caller had a good idea--he suggested the banks allow people to pay principle only and double up the principle for a few years so they can build up some "skin" in the deal and add an extra year or two on the mortgage to make up the interest.

Then you can go and clean it up a little and just include that into the price.See there are many ways to skin a cat.