How to acquire cash for Sheriff Sale

[Teppei Kuwamoto]

Hello,

I have a general question regarding how to acquire cash for Sheriff Sale without paying out-of-pocket money.

NOTE: 10% on the auction day and the rest will be needed to be paid full within 10 days in Wisconsin State.

1. If possible, I'd like to not pay any out-of-pocket money for Sheriff Sale. Is there any way to do this? According to my research, Hard Money Lender still charges you ~25% down payment to acquire cash. I was thinking using my home equity for the down payment. I have about ~$300K from a primary residential home equity. Do I use HELOC for the Hard Money down payment? Does HELOC require down payment? Am I understanding wrong here?

2. What is a general step-by-step process acquiring 10% cash and the rest of 90% without out-of-pocket money? 

I appreciate your support!

Thank you!