You will need quite the savings for skin in the game.

I push such sellers past emotion and stress what is best for them, not so much what selfish emotional family members may want with no skin in the other side of the ownership responsibilities.Know too that for money people will lie, maybe his thoughts have changed due to greed, maybe you got too much of a good deal.

Hello, I been interested in flipping properties for years, being raised in a family residential developers and mortgage brokers and bankers, i have seen the best of both worlds in real estate. and i have grown to be fascinated with the entire real estate industry which is why i am building a business plan to realize and develop my dereams of starting a real estate investment business. my even seeing the worst of the real estate market i am still fascinated and see unlimited potential to make money in this industry.I began my plan in january of this year, and i am giving myself until year end to finish it. the motivation for the plan is to develope my ideas the correct way and also to attract capital investors in the future. i do not have very much capital at all to start, and i know that i will have a hard time finding an investor willing to put up cash to somone that is new to the game and does not have much skin un the game so i decided that i will begin by wholsaling contracts which has little barriers to entry and will allow me to put some money away so i can invest what i have built along with a capital investor to purchase properties to flip outright in cash. after i have done a handfull of thease flips i would like to phase in a few a propererty here and there to purchase, upgrade and rent in order to see the property cashflow.

When you invest in a price point that is half of the median you have only two exits ONE is to an investor who will pay pretty well  ( IE turnkey buyers ) or a wholesaler that will skin you a live LOL..   

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

If you want to impress a lender with your credibility, show them that there is sufficient collateral in the deal to protect them and that you have skin in the game.

If you have an investor that is beating you up on your ownership stake, I politely say to the investor that I don't think this type of deal structure is a fit for us and move on to someone else.I have put capital into the deal and am happy to do so if my investors want to see my own skin in the deal.

Its always easier to get motivated after you have skin in the game. 

We both have exceptional credit and have the means of funding a portion of the total project cost to show "skin in the game".The question we have is on financing options. 

While she's working, every deposit she makes will lower her balance, save interest, and increase her line available to pull from.