Buying a only cash property

[Kyle Merritt]

BP peeps, I'm Would like to buy a home that's in a all cash auction. My plan is to renovation it and get it ready for rent. I have a few questions:

1. I don't have the cash, but I could go get a personal loan for the amount needed. Is there a better alternative? 

2. If I purchase a property with all cash, can I do some kind of financing afterwards to get my cash back? 

Advice please, thank you.