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.

Protecting your time and your deal is key, so I’d either enforce and re-list or only extend with meaningful skin in the game from the buyer.

The deposit amount when working with a lender comes from the lender - it is basically the amount of skin the lender wants you to have in the game. 

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.

I also want high skin in the game, conservative leverage and reasonable fees.Open-door isn't a match for me (and an easy "no") because they don't have that type of experience.

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).

I know real estate isn't for the faint of heart & my skin is definitely in the game.

If im wrong for thinking this it's ok, I got tough skin.

Personally, I can't imagine being so thin-skinned that someone changing or taking down one of my posts would lead me to throw a fit or leave in a huff, but that's just me.

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.”