Will a hard money lender fund a rehab only

[Cynthia Hartley]

Hi BP members.

I just purchased a SF investment property in DC. My plan is to completely gut the house and have everything new - electrical, mechanical, etc. Will a hard money lender finance for rehab only? I know they typically lend for a 6 month period, so I plan to pay for all the drawings and permits myself since those can take a lot of time. Then once I have the required permits, I would like to use hard money to finance the rest of the renovation.