I guess our truer colors come out for some of us when talking about a strangers money and what they should have done...

Hi Adam,I would recommend paying your Contractor's on a Payment Schedule that is broken down by Category.I typically create a detailed Scope of Work for the project that is broken down by categories (Demo, Electrical Rough-in, Plumbing Rough-in, Drywall, etc.). 

@Lynne MacFarlane FSBO typically have stuff going on.............overpriced, under disclosed, often unprofessional.

If you do cash for keys, how much do you typically offer and do you scale down as the time frame gets pushed out? 

Typically non-recourse is for commercial properties (5+ unit residential, office building, etc.)Good luck.

What sort of risk premium is typically applied to this sort of practice?

You also have to take into consideration the color may not be attractive to the next tenant and that they did this without Landlord approval.

Typically realtors do not like to deal with wholesalers.

Also for the record, besides income, money in the bank and credit score typically your experience level doesn’t determine your rate at all really for 99 percent of banks

You can always swap rate for fee, or fee for rate, but keep in mind that the overwhelming majority of the items on the fee worksheet you probably saw will typically have nothing to do with the lender, we're just the bearers of bad news.