I will have $120K equity on the day I close.Don't you think that is enough skin in the game?

I think I'm stuck with the 'investment' grade lending (ie. 20% down), but I am very interested in learning more about using OPM for this and how little the banks would tolerate for my 'skin in the game'.

The HML will have to take first position and even if the owner would  take 2nd position they still don't like lending to people with no skin in the game.

Grow a thick skin and budget resources for legal process and property repair while coping with unhappy tenants/owners on their way out.

Jacob Blizzard It depends on how risky the deal is, how much skin you have in the game and your experience.

A commercial loan will loan on the income from the property, but they're going to want you to have some skin in the game. 

Everyone has an agenda, even your friend.If I was funding a rehab then I would want you to have skin in the game and come up with 30% of the cash, and I would want to be in first lien position so that if your rehab went south, I would foreclose and get my money back, whereas you would lose your investment.  

You'll need to have some skin in the game (aka a down payment) in order to get a hard money loan.

Anything in LA County that has healthy margins, hit me up!

Id look at Lima one (although their lending requirements just changed, 5 Arch, Visio, B2R, Jordan Capitol, Lending Home, etc.Seems right now they all want some skin in the game.