Looking for a lender in Virginia

[Olivier M Ouedraogo]

Hi everyone, looking for a lender. We're looking for a conventional rehab loan. We have the property under contract and have/had a lender we are working with but just realized the closing costs with them are 12% of the loan. The purchase price is 130k, with an estimated 40k for the rehab. 

[Tchaka Owen]

Quote from @Olivier M Ouedraogo:

"conventional rehab loan"

Those 3 words together should be a concern......those types of loans aren't common and who knows how much probing you will get. Go hard money. Easy, fast and get your rehab done.