1st flip

[Naskat Williams]

this is my first flip, and i need help figuring out how i am going to finance this deal. i have a hard money loan which they want me to put down 10%.
so here are the figures

arv $140,000
purchase 70,000
repairs 30,000
loan:
91,000 at 65% ltv
- 3,640 4% in points
equals $88,360 net
also 13.88 %interest only

so do i have to put $8,836 down for the 10% or
10% of the actual loaned amount?

also, if i put down the 10% can i get a home equity line of credit
to cover the rest of the rehab exspenses, although i only will own the home for a short time? i wanted to get the house for 65,000 so it would be close to the mao but the owner is 92 and very stubborn
any suggestions to financing this?