Call a few hard money lenders and they can help you. 

I asked around to a few lenders and the maximum seller concession on an investment property is 2%, which can only go towards the closing and not towards the downpayment.

I have an offer from a lender that is currently asking for a 12% fee and in return they will provide my business with 60k in Funding. 

I am having a difficult time finding Mortgage lenders/ banks that offer 203K.

I found one I am interested in with these numbers:ARV: $550,000Loans: $350,000 1st$150,000 2ndIf this property goes to auction, does not sell, and becomes an REO, the lender on the 2nd will get nothing, correct?  

Although my company is based in CA and IL, we are both buyers and private lenders on lower $ ARV SFR properties throughout the U.S.Best of luck and continued success.

Feel free to PM me your financing needs I may have an appropriate lender referral for you.

I recently attended a seminar talking about reverse wholesaling, getting money from private money lenders etc.

Appraisals are arranged/accepted by the Buyer's LENDER!

Check out the Marketplace for ads about lender's products and services.