The amount of downpayment requirement insures buyers having "skin in the game". 

Fannie is now also requiring the GP team to have significant skin in the game. 

In Dallas, you’ve got a range of local outfits who focus on new construction..firms that, from what I’ve heard, know how to blend contemporary style with the Texan vibe buyers love.

Address Your Financial ProfileBridge the Revenue Gap: Highlight your equity in the duplex and use your sale proceeds to demonstrate “skin in the game.”Partner to Compensate Experience: A financially strong and experienced partner can help offset your limited track record.Focus on the Land Deal: Secure the land at a good price, as it’s a crucial step in gaining credibility and attracting partners.Final ThoughtsYou’re entering an exciting and impactful space in real estate development.

Will they finance 100% of the purchase and renovation or will they want skin in the game (you putting money in).Most do not do 100% funding so beore going down more rabbit holes, make sure you have the $ aspect situated first.

Looks like if it defaults they have no skin in the game as they are acting more as a broker.

Here's an example.There are many ways to skin this cat.

The odds of default go up significantly for those who have no skin in the game.

It can track meds, allergies, skin ulcers, business licensing, vitals.

So I require skin in the game (average is 5% to 15%) to offset this.