Ready to invest! Find a potential property, and then............

[Robert Stephan]

HI BP,

My spouse and I are currently looking for a fix and flip deal in the Phoenix metro area. We have $100k to invest in the flip. We find that most deals that are worth anything are around $200k+. How would you suggest funding the rest with rehab cost covered in the whole thing? I know about Hard Money Lenders/Private Money Lenders but they seem to want deal under contract first. What I don't understand is how can I have the deal under contract if the seller wants proof of funds to which i don't have for a cash offer? 

Thanks in advance

Robert