It could just as easily be $200. or $1000. because the Real point is to get the 'investor' to get some of Their skin in the game.

@Cyril J StrezoFor most commercial properties you're going to need to put 25-30% down from what I've seen.

ThanksWell. knowing what you paid for it is one thing, but you need to need to how much it would sell for, today.

Very simple.Of course, lender fees and third-party closing fees (title/insurance/appraisal) are not typically covered and are expected to be the borrower's skin in the game.

They usually put (in my opinion) insufficient skin in the game (which financially misaligns the sponsor from the investor). 

Or does the sponsor issue a statement obviously “sanitized” by legal counsel with only a generalized reference to any problems with a general tone of the investor is lucky to have invested with us?   

Either a .5% cut or a more dovish tone in his comments, signaling future cuts.

Keep it factual and boring.If you’re worried about tone or liability, have an attorney send this 3–4 sentence reply.4.

You will want to vet those tenants as you are going to need to evict if problematic. 

The 100% purchase and rehab lenders expect the borrower to have the liquidity to cover the closing costs as well as having some excess liquidity beyond these costs to be able to run the project well (i.e. to contribute some investment into the project and to have skin in the game).