We are looking to find a lender who can work with first time investors/buyers, who we can build a great relationship with as we continue our journey.  

Especially in this price point where the pro-forma budget can easily be inflated within a lender's guidelines.

The lender is going to call the loan balance due.

I will start looking for hard money lenders in my area.

@Yocheved Beer these are all questions for your lender. 

Private money lender How did you add value to the deal?

I have not even gotten into the hard money lender business yet.

I am hoping to bring some value to private lender(s) who would be willing to help my husband and I started on our real estate journey in Twin Falls Idaho!

Here are some more details...The property has a $40K+ water bill.The water company has informed us that with foreclosures, the new owners are not on the hook for past balances.so the lender/trustee is responsible for rectifying this... and the balance is so high they're delaying until they figure something out.Aside from that bill, there are no other encumbrances and we're able to get clean title with owner's title insurance.We got in the deal with cold, hard personal cash.We have a balance, which is {AuctionWinAmount - DownPayment].This balance accumulates interest until we close.so we have equitable title, but the property is not deeded to us until we close with the trustee.

.- thanks   1) ask present bank / lender   2) ask the lender that is providing the  construction loan 3)  check out all the local  smaller to mid size  lenders  close to the  site 4) contact any banks / lenders  you have  relationships with