The Use of a Hard Money Lender

[Darrin Smith]

I seen a property that I would really love to get as a investment property. It doesn't need any work done to it and the seller is motivated to sell it. However I dont have the funds to purchase it. Will a hard money lender allow me to purchase this with no money down, then I refinance?

[J Scott]

If I were an HML, the first question I'd ask you is: If you can't get a loan to purchase it, how do you expect to get a loan to refinance it?