I have been doing Short Sale Flips for over 1 1/2 yrs. Currently negotiating 150+ deals, consistently. I need to see if someone can suggest a lender who is doing 30 day plus lending so I can begin doing Countrywide deals again. I just don't want to work with someone who is going to charge an arm and a leg. I have found many who are reasonable, but need more time to get ready.
You only have a few options when it comes to needing to "hold" the property.
1) Use transactional funding- but you will pay for the use of the funds.
2) Use private funds- you can set the amount you pay for the funds.
I have found that if you show performance with a transactional lender, then they might be more willing to lower their rates. But you really can not even ask until you have conducted business with them.