Delayed Financing and Hard Money Lending

[Tri Le]

Hi everyone, 

Need some help Bigger Pockets!  

I have a house undercontract, and I was going finance the purchase and rehab with hard money.  

Gatlinburg, TN

Purchase Price: 285K

Rehab Cost: 50-65K

ARV: 550-600K

Current Appraisal: 390K

Hard Money terms through AMZA are 10% down of the purchase price and rehab cost, 3.5% origination, and 8-9% interest for a 12 month loan.

2 questions:

1.  Is there another hard money lender with better terms?

2. Does anyone know of any lenders that will do a delayed finance, so after I am done with the rehab in 6-8 weeks, I can roll this into a conventional loan?  Trying to see if I can avoid holding this hard money loan for the full 6 month seasoning period required by many lenders.

Thank you in advance for any insight!

Tri