Beginner REO Hardmoney Question

[Ben Naughton]

It's my understanding that banks prefer offers for cash that can close quickly.  In my area it seems that a lot of REOs that are multifamily are going quickly.  From what I'm understanding as well Hard Money Lenders want to see the property and deal to determine lending.  So, would one ideally try to put a property under contract and then line up lending or try to get the hard money lined up as quickly as possible to then make an offer.

Sorry for the somewhat inexperienced question.  Any input and advise is appreciated!