In having a discussion with a seasoned RE Investor this past week and picking his brain on the structure of his business I really deduced his success down to three main relationships:#1- He has a realtor/partner(he has skin in the game) who handles buying and selling, along with finding deals.#2- He has a "money guy" who provides him a line of credit.

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

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

I was able to save enough working the last 4 years to also put some of my own skin in the game on the 11 unit deal. 

Principals operating a brokerage type model with very little skin in the gameIt doesn't matter a lot if you speak with someone who did diligence with little skin in the game or a bias toward doing any deal to keep their venture capitalist partners happy.  

I know there are other ways to skin a cat since my plan is to buy 1 per year. 

He said there is no way to make it work with less than 10% 'skin in the game'. 

As an investor you want as little skin in the game on deals if you are looking to grow rapidly.

Since lenders are looking for security, they want the borrower to have skin in the game.

Call me when you have nothing else to do and we can talk about making money, writing contracts, Control & Roll, delayed settlements, hybrid offers, skinning offers, commercial purchase, assignments, auctions, my kids, my grand kids, my house on Amelia Island Florida, my pet gold fish - your kids and your financial goals --- Ha - should be a long time on the phone with all those subjects.Cheers ------ Charles