Is this common for hard money lenders?

[Rolando Caceres]

So i have some one who i know is legitimate and just told me what he can offer me.

His offer is i pay 10% of property and he pays the other 90% with 9%-9.5% interest. And he also pays 100% of the rehab.

Im just wondering is this common or did i just get this lucky? I dont have the savings to use it yet but id like to know your thoughts on how good wod this offer be using the brrrr method or is this better for flipping?