One way to be a true investor in the real estate game is to finance the deals. 

Im just not ready for that risk so early in the game.

Time is really the issue here.An update is we have the agent who previously put the deal together but who now has no skin in the game involved as he knows the family of the note holder.

The tax move seems like a bit of gaming.  

Hi,I really doubt there is a Hard-money product out there that will lend you 100% with no "skin in the game."  

I will say you cannot come in expecting to have no skin in the game or expect to raise $500k on your first flip ever.

While looking at other peoples analyzers is helpful in understanding what kind calculations you want to do and which inputs you can (and should) gather, nothing is going to help you understand the numbers like forcing yourself to figure out how to calculate them.As this is a numbers game, this is an advantage you will want to have.Understanding all the metrics will help you smell out the BS when some is trying to show you dodgy numbers.I have a very basic excel so far and even that has gotten me to the point that I can tell real estate agents to go do their homework.

Unless you're willing to pay a lot more in monthly payments (think 8-10% interest rate or more) and/or pay a lot more up front you're not going to find somebody interested in this.A lot of banks got burnt during the downturn and they're not interested in making loans where the borrower doesn't have 20%+ skin in the game.  

Hi I'm Steven Follmer and I have been in real estate for the last 20 years i have a background in building and development as well as investing in distressed properties. I currently invest in Fire Damage properties, a...

If it could or would, I would take in a heartbeat and do other things like fish and golf (nasty slice every other season, love to hate that game).