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. 

Every lender has slightly different requirements, but here are some of the common criteria we look for:Property Ownership / Purchase Agreement – You’ll need to show either a purchase contract or proof of current ownership if it’s a refinance.Exit Strategy – Whether it’s a flip, refinance into long-term financing, or a sale, the lender wants to understand how the loan will be paid off.Credit Profile – While perfect credit isn’t required, most lenders will still check for recent bankruptcies, foreclosures, or major delinquencies.Down Payment / Skin in the Game – Typically expect 20% down on a purchase. 

On a Ground-up loan, lenders generally want to see more 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.

I agree with Jason - there has to be enough skin in the game to bait an investor - BUT also remember that depreciation provides a paper loss that shelters rental income from taxes, boosting after-tax cash flow.

This app is supposed to make things easier but instead has been a source of annoyance and irritation since I started using it.

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.

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.

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.

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).