Financing Question for Fix-&-Flips- Atlanta Area

[David Kilgore]

So can anyone help me out with this. Say I want to buy a property to fix and flip. I understand that with most HML that I would need about 10% down on purchase price. Now when it comes to the rehab cost how could I come up with the funds? Can I ask the HML to roll the cost of rehab into the loan?

If so how does that go down? Does the HML give the acquisition cost to the seller and just cut me a check for the rehab or provide me with a line of credit? What does the process look like?

Also if you have any recommendations for HMLs in the Atlanta area who would you recommend?