Delayed Purchase + Rehab Funding?

[Sanat Bhandari]

Hi everyone -

I am working with a buyer that has a property under contract for a while so needs to close on it using personal cash. His plan was to do a fix + flip program but can't do so due to running out of time to close on the property. 

My question is, is there a program out there that offers a delayed purchase and rehab funding combined? As far as I know, he can use delayed purchase to mortgage the property, use his current personal funds to rehab, and then obtain permanent financing once the rehab is done but just wanted to check if someone had a better way of structuring this deal.

Thanks!