Happy Thanksgiving and go Skins!!

If the property is clearly an investment style property (neighborhood, price point, condition) then the agent needs to develop thicker skin because low-ball offers are coming.

Parish, Most lenders want you to have skin in the deal.

So after looking through the forum I've noticed the "you have to have skin in the game" quote alot on downpayment percentages. 

The requirements would be a average credit score, some skin in the game, and some knowledge about what you are using the money for. 

They have more skin in the game then you do.Make sure you get clear title.

I get the feeling these properties are what is "leftover" once the cream of the crop properties have been hand picked and purchased.

Summary, there is about 74 ways to "skin that cat". 

You should have about $500,000 for your skin in the game to find someone willing to touch this.Not to be skeptical, just realistic.

I like real estate for the opportunity that it provides.Some of my investor buyers for my listings have multiple stock accounts they pull from to purchase real estate.Personally I like real estate because it is a tangible asset.I don't like the idea of paper to be worth 100 one day and 10 cents the next.At least with a property barring and act of God or some other strange occurrance I will have a tangible asset to sell.I know some will say but if you bought at the height of the market you would be upside down on that tangible asset.I didn't buy anything back then.I saw many people laughing and making money refinancing and to be honest I did feel like maybe I was missing out.I waited on now I am so glad that I did because many of those same people laughing with joy are crying in pain.Stocks just like real estate is something that if you just dabble in it you can lose everything.The sexy part of stocks just like real estate is to make money quick but many more lose than win.The losers aren't talked about much but the few winners are pumped up to sell marketing and courses to extract money from the herds.For my honeymoon years ago we went to Tennessee.While there my wife had an adverse reaction I think to the make up used at the wedding (she has sensitive skin).So we went to a local doc.This guy was really nice but old in his late 80's.We started chatting up and he said it was just a reaction to something and gave her a shot.I talked about real estate.That's when he said him and his wife had put all of their retirement in Enron stock and had it for awhile then BOOM the bottom fell out and they lost everything.He had to come out of retirement and open a practice again in his late 80's to make ends meet.That scared the hell out of me and made me stay away from stocks.I might eventually buy a small amount for a long term hold but I am not into risk with stock market.I have seen too many people see big dollar signs with their eyes and lose their shirts.