Hard Loan loan fee part of after sale (rehabbed) profit?

[Luke Cachia]

Hi All,

I'm seeing multiple properties being sold on the court house steps well below their appraised value.

For example: A house in Missouri just sold for $150k. After doing the comps (via MLS), the recommended sale price was a touch under $300k.

I don't have the money to put down an initial down payment to a hard lender.

Does anyone know if it's possible for the fee of the hard money lender to be a percentage of the after flip sale price? Using the above example with a 10% fee (one money flip), so the hard money lender would receive approximately $14k after the home has been sold?