There are loan programs specifically for Virginians.https://www.virginiahousing.com/enGood luck and Happy 2025

I transferred the money via EFT (the transfer instructions had no reference to Lendbase - red flag), and asked for a receipt, but was told that their customers rarely ask for a receipt. 

Lender A is $500 cheaper in lender fees because they dont pay for some program or staff who, among other things, doublechecks info inputs and documents for accuracy.

This criteria is for 1-4 and 5-8 unit programs.

It varies by program.To learn more about DSCR programs: DSCR loans won't use your income to underwrite the loan.

As mentioned by @Chris Mason, Bridge Loans: These short-term loans can provide immediate financing until more traditional financing becomes available or until the property stabilizes and becomes more attractive to lenders.Interest rates and stipulations may be a pain.Out of the box here and requires a few more research, SBA Loans: Small Business Administration loans can be an option, especially the SBA 7(a) loan program, which can be used for hotel acquisitions.I heard someone  mention - Mezzanine Financing: it involves a combination of debt and equity financing, which might appeal to some investors looking for higher returns.

We offer a ton of different fix-and-flip programs including putting 10% down on the purchase price and funding 100% of the rehab.

The only other fee we charge for this program is a flat $1,500 services fee.

This specific tenant is in a program so the longer they take to send me the document, the chances of issues coming about is higher.

Either way, most banks have other programs that could help you out.