Generally lenders want some skin in the game especially if you are new.

lenders really, really, really, need the borrower to have "skin in the game".100% financing, something goes sideways, and borrower just walks away...

In addition, so many newbie flakes are not serious about this.

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.

If the buyer just flaked or life happened those aren’t tempting reasons for the seller to lower the price.

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.

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.