loan options for renovations of newly.aquired property

[Justin C Huggins]

I have recently put a offer on a home for $87500 that needs about $45,000 dollars worth of renovations. and that was the exact bid for the renovation. I am currently looking at 203K standard and was shocked by the huge closing costs. $8900 to be exact, any ideas on how to renovate a home with less closing costs associated? This will be a primary residence home and the ARV should be around $150,000. any loan or loan combinations to help reduce some of these huge closing costs and fees? Thanks,