Not unusual, construction and acquisition loans made in one loan or bridge loans.

It sounds like she's shortsightedly burning a bridge with a client (you) for a relatively small commission, killing the chance for a larger commission from future rentals/purchases/sales in the future! 

Bridge loans?

You simply can't get around anymore, and all bridge tolls are rising to $9 in the next few years.

You are basically creating a FAPT and creating a bridge back domestically.

“We named this the Bicentennial Gateway Project because we believe this is a game-changing initiative that can reshape the northern section of our Downtown for the next 100 years.”Paul Young, Memphis HDC director"We named this the Bicentennial Gateway Project because we believe this is a game-changing initiative that can reshape the northern section of our Downtown for the next 100 years," said Memphis Housing and Community Development Director Paul Young.The projects could drastically improve the view for the more than 40 million people who cross over the Hernando DeSoto Bridge every year.

If you do have to borrow money i would go for a bridge loan instead of hard money.

Update.I contacted the seller and let him know I'm a newbie wholesaler (I know,I know) and I'm not trying to mislead him (it's been hours since I told him I would give him a response).At this point I'm so new in the game and have so many questions still, I don't want to burn bridges for future deals.I'll update with his response.

@James Perez I've used Sherman Bridge for 2 deals (happy with them), and am pre-qualified with Dominion Financial and Lima One.

JWB in Jacksonville, FL, Spartan in Birmingham, Bridge in Kansas City, Pinnacle in Kansas City and Indy, REI Nation (my families company in the Southeast US), Texas Turnkey in Houston, plus several other companies in Memphis are all good places to start your research.Read about them and testimonials both good and bad.