I am assuming these units are going to need fairly significant renovation to be brought to market rates, so you need to understand your cash position. 

Your going to need deal flow.

@Jonathan Taylor Smith You’re spot on about setting standards—it really does set the tone early.

I label you a CON.Because in my experience only CON's go to the extents and actions you have shown here to OBFUSCATE, distort, spin and use insults of things like skin color or ageism as a defense. 

I would be able to put skin in the game however would not be able to fund the entire project.

It completely changes the tone.

_That splash of color really relieves the earth tones. 

.✝️ **On Tone vs.

An unsophisticated lender might send all the construction funds to you.Other than for a refinance, or from an unsophisticated lender, you, or more typically your contractor, will receive funds in draws as you complete your project.Most, but not all, first-position lenders will only lend a percentage of your purchase price and expect you to wire in some amount of cash as your “skin in the game.”

Often, we'll provide them with a list of documents we need to get to be cocked and ready, but they will wait until they have a deal under contract to send us what we tell them we're going to need.