Most banks (if they even do construction loans), will require a 700+ credit score and 20% down on the hard costs of land acquisition + construction.Here is what I'm thinking:1) Get a pre-approval for my customers for a traditional loan2) Get some sort of equity down from the customer (cash or land) so they've got skin in the game3) Do an appraisal on the after construction value of their home4) Assuming the numbers work out and we're covered in the event that the original customer can't close, build their home for them with us fronting the money5) Sell them the home at completionI have two questions for you all:1) Do you think a hard money or private lender would be interested in this, assuming I'm offering 12% interest on their money for the 3-4 month build time2) Do you see any legal problems with taking money from the customer and then selling the property to someone else if the customer screws their credit up during the build and is unable to close?

It has been my experience that if someone is up to something they will try and do it with no skin in the game.  

"skin in the game").$19k isn't a TON of money.

The small amount of "skin in the game" required by the borrower can usually be made from multiple sources (2nd position gap lenders/private lenders, seller carry back, cross collateral, personal capital, etc).

I just  don't buy "how to skin the seller".Just saying, you might be able to  climb this hill, but few others will likely be able to regardless of what class they take or who gives short instruction, it's much more complicated than meets the eye.

However, I will put some skin in the game.

I am attempting to get some skin in the game, learn the numbers, etc etc and it is tough.  

For us, 2016 thus far has been a year of concentrated effort in the area of personal finance and investing, and I feel like we are learning so much every day as we take real positive steps for the future of our family's finances.Real estate investing has really captured my imagination in the past several months, and I want to become a more involved member of the BP community because I believe that will be a catalyst to invest myself even more and take steps to get skin in the game.

One of my concerns is having so much "skin in the game". 

My take is if an agent works for 3 months on a deal and gets it to the closing table,  they need to compensated well so that they know I'll take care of them when another one crosses their desk.   ....we don't sell real estate so I have no skin in the game.