It's not easy to raise private money like that as it's in a second position behind the HML and at a higher LTV, but it's also not uncommon. 

To answer your direct question, there are SOME wholesalers who allow different financing types, BUT its very uncommon. 

Hi @Marilin MatosYeah it sucks, but far from uncommon sadly.

Your scenario isn't that uncommon and for exactly same financing reason. 

I understand that it isn’t uncommon for wholesalers to get a property under contract without any option or earnest money at risk.

He may very well drag things out to get a free ride - it’s no uncommon. 

Unfortunately, it's not uncommon for lenders to botch up the financing on multi-units, as the vast majority of lenders are not experienced with navigating and funding these property types. 

However, it is not uncommon for landlords to pay the water & sewer bills.

I believe this could be a fantastic deal and developing like this in Hillsboro is far from uncommon, I'm just unsure how present it.

Basements are pretty uncommon around here (Georgia) so that's what makes me wonder.