I was thinking hard money loan and then refinance into a construction loan after splitting the lot.

I've been at companies early in my career that weren't making any money and some loosing money or facing bankruptcy. 

All the gurus & mentors tell you that you can do real estate with no money or credit, except, of course, for the money you have to pay them to learn plenty you could easily find for free online or just thru the School of Hard Knocks. 

The property price is $95kim buying under my llc (I am single owner)no I don’t plan on rehabbing already done, I was going to bring in $26k cash to close.loan was for $72k  I think you're going to have to go private/hard money to acquire the property and the repair the basement.

They don't realize that most mortgages are written to PREVENT this and don't read the fine print. 

I purchased a small multifamily last year and spend some money on refurbishing.

You would probably ask for your money back. 

Some lenders will offer you 100% financing but it will be expensive money to borrow. 

Then I work the magic with the numbers and in many cases like now, I have 2 different companies that I have insured my portfolio because for some houses, the one that was cheaper for some of the properties when 3x to a SFH so I moved that one to another company.Insurance nowadays are not small money so it makes a difference to get a cheaper one so that you can get a better cashflow.You don't need to sit with them, but call them and you may need to spend an hour or so to get you setup with them.

One is the loan-that was borrowed money, return it.