Especially when you have no skin in the game.

How could I have done better to finance this with as little skin in the game at the very beginning to be able to employ my capital somewhere else for the next deal immediately to grow my portfolio?

This is the plan my business partner is considering because getting into his first property he wants to have as little skin in the game as possible and potentially OK with that and owning the house in 5-6 years.  

In addition, some sponsors would rather take equity than an hourly management project fee to keep skin in the game for the sponsor or the upside is higher for the sponsor, some sponsors want to take fees during the project to get paid and some are only fee based and have very little equity in the deal.

This deal is time sensitive.

I have very think skin and can take constructive criticism.Thanks a lot!

I want to be sensitive to the situation but at the same time I have a business to run as well.

@Weis Sherdel  if it is just a skin in the game issue, then it becomes much more simple, just base it on the numbers. 

Main line banks have underwriting standards that they expect you to have skin in the game when it comes to each investment deal.

I work with a lot of investors to help them facilitate short sales and other sensitive transactions with distressed borrowers and assets.