Few people get rich playing safe or not working hard. 

Go the traditional route to avoid points and fee's.

@Shayla RogersMost HML will not do a traditional pre-approval. 

The property is also in a very attractive location, within walking distance to the downtown area, and has an extremely rich history as it is was the historic town hospital. 

Hard money lenders are easy to work with and quick to issue payment etc but the drawback is that they are more expensive as a traditional bank.Renovations and scope of workThis was a full gut rehab.

Spend a day in each area and drive around to learn the areas, the local traditions etc.  

Have consultants to assist but just looking for a financing solution through the build portion that upon completion the loan would be rolled into a traditional 30 yr mortgage or VA loan.

Hello,I recently did a 203k BRRR and have just finished refinancing not too long ago for a duplex in RI (now holding a traditional mortgage with 20% equity).

Traditional has nice terms and long term security, much easier to finance individually if you ever think you might want to sell one of the properties for any reason because it's time consuming and expensive to separate it later. 

Just trying to throw a non traditional idea out there.