Hard money lending refinance

[Josh Quesadilla]

I am a rookie investor learning as much as possible to get started in my real estate investing. I am in the market for foreclosures, with the intention of rehabing the property. To my understanding, banks are not willing to finance foreclosures. With that being said, i read about hard money lending and how it finances only for a SHORT term, 6-12 months typically. My question is if it is possible to refinance a hard money loan into a 30 YEAR mortgage to avoid paying in a short time frame.