I prefer to get slightly more expensive properties that have tenants who have enough skin in the game that I can manage from across the country.

My family would like to move to a nicer area, and thought that using the house hack of buying a multi-unit property to live in one unit and rent the other would be a great way to get some skin in the game.  

I make sure my borrower has plenty of skin in the game.

Do this a couple times, and you'll have the money needed to put some skin in the game for hard money or private money.

..You will make mistakes but don't quit. you need tough skin and PERSEVERANCE in this business...

You will probably lose much more than that in the fight and probably won't prevail.The wholesaler is asking for the $5K from the rehabber so he knows the rehabber has some skin in the game.

On the other hand, a tenant that moves in with BB will have a build up of BB, shed skins, and fecal material on their beds and couches - strong evidence that they brought them in.I don't think it was mentioned yet - you should treat both sides.

Most HML will want you to have skin in the game to start out with get track record with them and they will fund 100% after time.

We kept 25% skin in the game, and our equity was subordinate to the senior bank debt.So here is the word of caution.

I looked him up and looks like I will enjoy some of his videos later tonight :)Second, with your energy you will be "big time" shortly.There are many ways to "skin" the cat.