Owner Occupied Hard Money?

[Seth Tucker]

So I have an interesting situation. I have been using a lease option with a home that I originally intended to purchase to live in. But the property has proven too difficult to finance because it's a 1 bedroom house with a 10,000+ sq ft green house on the property. Now I plan on flipping it, and have some interested buyers already. Questions: 1. Is owner occupied hard money possible? 2. If I do NOO hard money, could I refi into a stated income commercial (land lord) loan in order to get renters into the property and hold it long term? 3. Would doing a refi out of the hard money loan cause me to have to put another 20-30% down or would it be based on the appraised price? Also, the property is located in New Hampshire, which I have found to be hard to find financing in. I have a local hard money lender who can do the deal to acquire the property but I want my refi option lined up ASAP. Thanks for any input BiggerPockets friends :)