Loan type for unfinished new construction BRRR-ish deal

[Jory A Hicks]

Hey everyone, I am looking for lending style advice or a lending contact anyone may have for this deal I found in the North Texas area. It is an unfinished new construction. The investor & builder fell out and now someone is trying to wholesale it. It is fully roughed in. Seems like it could be a nice rental property with a decent amount of equity if I could pick it up and finish it out. What are my best options for a purchase + finishing budget. Looking to talk with some lenders about this. Thank you all.

[Stephanie P.]

Quote from @Jory A Hicks:

Thank you sir. As far as appraisal value unfinished, do i need to order an appraisal or is it normal to just go off of nearby recently sold comps, have builders give me quotes and negotiate my purchase price off of that? Or do you typically want to order a new appraisal if interested. I guess that part throws me off, the time it would take to appraise vs snagging the deal without overpaying. 

Pick your hard money broker and then let them order the appraisal that's going to be acceptable to the lender.  Some HML's will order one and others will just get a BPO and move on from there.  Most will not accept the appraisal you ordered on your own.