If you’ve got skin in the game or a track record via your brother-in-law, many private lenders would consider it.🔹 JV Equity Partner – Consider bringing in a capital partner for down payment and rehab in exchange for a share of profits.

The lenders are't the issue here- you're asking people to take all of the risk on the transaction when you have none, no skin in the game.

Usually the less you give them, the more secure your investment will be & forces the borrower to come up with their own capital & skin in the game to make it more serious.

I’ve got good equity, locked-in long-term debt, and no real skin in the game on most of them, so if I have to float $1–2K/year into a property for a bit, I’m fine with that.

Before investing we explored establishing partners in the market that were willing to put skin in the game with us. 

Also most hard money lenders want you to put up some of the money (skin in the game).

But you note that Blackstone is a major investor in Austin, so the contrarian point is to NOT invest in Austin.I have no skin in the game either way.  

@Art Schneider The main pro vs con between turnkey and the BRRRR strategy is about skin in the game. 

My only concern is the borrower has no skin in the game  Would be nice for the cross collateral on the first one.

There are DSCR lenders going down to ~$60k-$65k properties and even lower if you portfolio a few together, but being aware of who they are, where they operate, and how they do things is really important.Regardless, most still want to see some kind of 'skin in the game' though.