Financing Options - Purchase with Renovation Costs? Help Please

[Brian Lounsbury]

I need help finding a way to finance a 4plex please! I'm looking at 4 unit Homepath property and just found out Homepath is not offering any financing, they have it as cash only in as-is condition. I was counting on doing a renovation mortgage because I don't have the cash to purchase flat out, or to put in the needed work to get it to rental condition, so I am trying to figure out my other options. Are there hard money or private lenders who will lend on a 4plex based on the ARV? Are there any that will also lend for renovation costs? I was thinking if I can find one to lend purchase plus renovation costs I could refinance two months later when the property is rehabbed... is that even possible? Or is there a better option I don't know about? I am able to put 25% down just not able to buy outright or able to pay for the renovation on top of the DP.

Thank you!!!