Funding for rehab down payment

[Mark Schneider]

So, question for everyone.

I had a guy willing to front the 20-25% that we need down as well as the rehab costs until this morning. He had some stuff come up and he backed out.

We were offering him 10% flat not to exceed 6 months. Figured that was pretty generous.

Does anyone else know of sources to get this part done? I know all the hard money lenders don’t want to go above 75-80% max on acquisition, so I’m just trying to figure out how to get this bump on our first few.

Thanks!