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.

[Cynthia Hartley]

@Chris Eaker. BP is a forum for guidance, not one where people seek to be chastised. An experienced investor may have considered this from the beginning. However, since I am still learning as I go, it is not a question I thought to ask until now. I can pay for the reno on my own, but I want to consider my other options as well. Thanks for your input.