Fix and flip and occupy

[Jake Reigns]

So crazy question. I know this is usually tried the opposite, but there is a property my wife fell in love with. Our credit scores are a little low for traditional or even fha financing...plus the financed amount would exceed fha limits anyway.

I can get a hard money loan, repair credit while we fix up the house then refinance in a few months.

The problem is the lender is making us sign a form saying we will not occupy the property and that they can and will perform occupancy checks. We definitely will want to move in before we refi...what can happen if they find out we are living in the home we said we weren’t going to live in? Or should we play it safe and wait until we can refi? Most lenders I’ve spoken to want us to be living in it before we refi but the current lender doesn’t want us living in it...kind of a weird predicament...supposed to close this week...please advise!!!