How to compete with cash offers in hot market?

[Mena Soliman]

would you use hard money over conventional to have an advantage when competing in a hot market? I am certainly preapproved and have no issues with going with the traditional route. but with the market being very hot right now and everyone is fighting over decent deals, can I leverage HML and refinance it to a conventional one once I close? I am assuming the HML is seen as more attractive as cash offers and might give me a chance to close on a deal.