Hard money lenders - refi after getting a property

[John Morgano]

So I was wondering if anyone has bought a property using a hard money lender, then in 6 - 9 months, refinanced getting a regular mortgage through a bank for a buy/hold?  Can you get a buy and hold property using the hard money lender?

[Jerry Padilla]

@John Morgano you can refinance a hard money loan into conventional financing. 

As @Shawn Thom  has stated the property needs to be in your personal name. 

As for a refinance though, you are required to have a 75% LTV for the property. This is for SFR and MFR mortgages 1-4. Mortgages 5-10 a SFR requires 75% LTV and a MFR requires a 70% LTV.