As they say, they are different ways to skin a cat.

About a third end up modifying (and the more skin we get in on a trial payment plan or modification, the higher the success rate) and the rest end up giving the property back because they've already moved on.  

It's basically colored vinyl chunks set in clear vinyl, so there's no "skin" to tear like cheap vinyl flooring.

Plan for at least a 12 month hold but work like crazy to rehab and sell the house in 4 months.All Lenders, no matter if they're private or institutional, will want you to have some skin in the game. 

I am currently making a checklist for services offered by each accountant; however, like everything in this world there are a million ways to skin the cat.

If you can't fit into their "box" then perhaps look at a private lender and use your properties as secondary collateral (ie: your skin for the game). 

There's more than one way to skin a cat."

Your $3 to $5K down payment does not equate to 10% down and most sellers would be more comfortable with more skin in the game on your part.

This is going to be a very blunt "Come to Jesus" post, if your skin is feeling thin today then please stop reading here. 

And there is delayed financing, that's when you purchase with cash and you can cash out right away, but not to exceed your purchase price, so again that's not what you are doing here.It makes my skin crawl when investors work with crappy loan officers that don't understand REI and get crappy advice.