Lease Option Financing Question

[Padric Lynch]

Lets say I am purchasing a property utilizing a lease option. During the option period I will be making significant improvements and the purchase price is already discounted. I have it under contract for 80k, but after all improvements, the ARV is 125k.

Am I forced to seek financing on the 80k purchase price, then financing on the 125k value (double close)? Or is there a way to finance the property at the 125k value, pay the seller their 80k, and have the remainder as a re-coop of improvement costs?