Skin in the game for Buy and hold
After researching different ways to finance a Buy and hold, it seems like the better option would be to use a hard money lender.
the only issue I face and also a majority of new investors deal with, is the lack of skin in the game. I have never owned a home, so I have
no real assets to put up to be approved finance through a hard money lender.
so my question stems, should I use a FHA loan for my fist investment (and home) for a buy and hold property , and then later utilize a hard
money lender for additional Buy and hold investments?
are there better ways to show skin in the game for hard money investors?
any suggestions would be appreciated!