Hey all,
 
I'm looking to get into real estate investing in the Columbia and Luzerne county areas in PA. My wife and I are limited on funds, but what I've been hearing on podcasts and YouTube videos about Repository S...

It also relieves the pressure to find "this year's" write off.

Lenders want to protect their investment not because of possibly you but your profile (little equity / assets etc) which is common for someone in their early 20's - want to make sure skin in game.

Having the Title of course would relieve a lot of concern.

I am considering using a HELOC to cover my skin in the game. 

Most people are going to want you to have skin in the game, time is the most valuable resource and with most deals being so tight these days, mentoring someone just doesn't make sense for most people. 

Cash buyers normally relieve you of headaches and distress, vs maximizing your profits.  

I could give a laundry list of issues, but overall, they are completely understaffed and will give you more headaches than they will relieve.

The main idea is maybe you could head these inefficiencies off and proactively build trust by putting skin in the game by formalizing your relationships and position in the deal.  

No skin off lenders' backs if borrowers later defaulted, since the mortgages were backed by the government.In 2007, 35% of new FHA borrowers had debt-to-income ratios above 43%.