Was wondering what avenues(techniques) to obtaining properties through wholesale with zero money involved? I'm sure there's several threads on it.

Who can point me in the right direction?

However, most owners are not motivated enough to hold the note on a "new investor" with hardly any "skin in the game." $5K on $240k represents about 2%, which doesn't leave any equity for him to pull out if he has to foreclose.

It's no skin off my nose. 

Even with a strong local bank relationship they are still going to require you to have some skin in the game. 

I also have my own properties , so I have skin in the game , and would definitely be able to help you.

There are lots of issues with this.1) Skin in the game: For a lender to invest in your project you have to invest in it.  

I would never accept a purchase contract that was assignable or not, with only having $100 as "skin in the game" for the buyer.Of course, as the buyer, offer as little as possible, when applicable.

The refi amounts can payoff the seller financed obligations in whole or in part.You might also use the other properties in a purcahse transaction with a bank as the skin in the game, again a flexible lender using a blanket mortgage. :)

If you income is not exposed to the courts you have has less skin in the game.

Even with the increased rents, my CF won't be much after deducting ins, taxes, and etc. plan is to sell and 1031 profits into different property or properties where I'll have some skin in the game and better CF.