Hard Money for Auction Purchases

[Travis Nebeker]

I am looking to purchase rental properties at foreclosure auctions. I have no problem obtaining conventional financing, but cannot close fast enough to utilize that as a funding source. I have done a conventional live in flip on a higher end property, but have not purchased using hard money before. My intention would likely be to BRRRR the property/properties purchased at auction. I have a conventional lender lined up for the Re-finance and a 10% downpayment.

I am curious if any members have experience using "Hard Money" to fund auction purchases or if it is even possible. The auction type is in person and the funds are required at the  close of the auction in cash or cashier's check.