Hard Money Lender to buy Foreclosure then Refi ASAP

[Aldwin De Torres]

Hi Folks! I'm thinking of buying a foreclosure or an undervalued property using Hard Money to buy in cash and then want to refinance to a conventional loan ASAP. This will be a primary residence to live in 2-5 years. We plan to either hold as a rental or sell to buy a primary + investment property.

Questions:

1) Would I need to have the title in my personal name so that I can refinance it based on our household W-2s and credit history?

2) How soon after the purchase can I refinance using conventional loan?

3) Has anyone does this successfully? If so, I would love to hear your story!

Thanks BP family!