Anytime someone is lending on a down payment so the borrower/investor has no "skin in the game" and is very high risk - the lender is likely demanding a huge return and there are lots of potential pitfalls/etc

@Michael BishayHello Micheal , First off great question,  From my experience hard money and pvt money lenders are pretty much the same they want skin in the game on some level is very rare you find 100 percent financing.

I'm just now learning how they work, when they won't and what to do.In any case, lenders wince and get nervous when buyers don't have at least some "skin in the game."

Most want skin in the game.

If you aren't an owner with skin in the game, they don't want you in their neighborhood.

I agree with @Jonathan Greene that this seems highly implausible as you have no 'skin in the game' and the interest rate is very low for private lending.

When they start irritated your guests that is going to wreck your possible business.Sounds like you need to sell and find another location.

Making your 100% financed deal require skin in the game. 

Will it be possible to do this with no skin in the game?  

The down payment keeps the borrower/investor tied to the project because they have skin in the game.I provided 100% financing one time and I swore I would never do it again.