A contactor is a business owner and has skin in the game.

I start to suspect that lotion or natural skin oils can disolve the finish if you are barefoot a lot.

Building, developers, contractors, rehabbers/flippers, condo conversion specialists generally all hold for sale and not for investment (unless they complete the build, rehab, conversion, etc., and then hold for rental, investment or business use rather than holding for sale). 

Hey Everyone,My name is Brendan, I'm a General Contractor and wanting to utilize the FHA New Construction loan to purchase my land and build our house.  This should be an equitable way for us to spend our time while w...

Private lenders in my experience want you to have skin in the game. 

That is what I am considering doing with additional funds until I can afford the next down payment.Again, kudos to you for saving that much, but I think you’ll be really hard pressed to find a property you want to own and then commit to a rental at the price point your savings can currently afford.An alternative I haven’t seen mentioned yet is partnering with someone-you can learn from a local investor you’ve networked with and have some skin in the game in a partnership.Good luck!

I'm neither a tax specialist nor a US taxpayer.

So investor no. 2 will be out 5% no matter what here and the VAST difference between the level of care/diligence of a PM with skin in the game vs someone hired to play the PM role would (in my book) be worth the extra 5% to be paid to investor no.2Having said all of that, it doesn't make sense for investor no.1 to do this for 5%- they are out 5% no matter what if a PM is hired, so why take on that extra work for free basically? 

Some lenders wont allow this without you having a min. skin in the game.

But if you're going to ask for OPM, what are you bringing to the game, in other words, what is your skin in the game?