Private lending to buy foreclosures

[Abe Naroth]

I am new to RE 'investing'. Based in Katy, TX, I have a mortgage and my DTI ratio is 30%. I have roughly $100k in my emergency fund and would like to venture into foreclosures. However, I do not want to liquidate my emergency fund, but rather use it for repairs before I flip the property which I buy in foreclosures. I have a partner who can take care of fixes. Would any lender be ready to issue cashiers check for an amount which I request for ( to be used during the day of the foreclosure), with a lien on the property which we buy (the property is subjective to what we bid for and not definite). 

Pardon me, if this is a basic question - again, I am new here. 

[Abe Naroth]

Quote from @Ethan Gidcumb:

Hey Abe, one thing I would mention is to consider what down payment would be required with the lender you work with. It is not common that a lender will issue a cashiers check but you also mentioned that you don't want to dip into your emergency fund, so you'll need your "skin in the game" somehow. 

I hope this helps you find what people/companies you need as you put all the pieces together.

Thanks, Ethan. The interesting thing is court step deals are all cash deals. We are ready to have our skin in the game….. just wondering how to transform that into an innovative contract. 

any input is welcome!