Funding an Auction foreclosure (looking to wholesale)

[Caleb Rigby]

I have a purchase agreement for a house in Hooper, Utah (Weber County). I have 2 days to move forward or pass on it. Here are a few of the details of the foreclosed property:

Purchase Price: $266K

ARV: $370-380K

Year built: 2007

Sq Footage: 3900

Estimated repairs: No idea

I won't have interior access because it is still occupied by the previous owner and I would need a hard money loan to complete this purchase. 

Are there lenders that will loan to me even though I won't have interior access (and therefore pictures)? I am planning on wholesaling this house as soon as I close, but I'm not sure if hard money lenders would loan on this if I won't be rehabbing it. 

Tagging a couple experts that hopefully can help. @Jeff Rappaport@William Hochstedler@Cody Backus@Jacob Cogswell

[Jeff Rappaport]

@Caleb Rigby, so I have  a couple of questions.  First, are you buying this property from the bank?  I am not really familiar with the Hooper market.  What is the average days on the market for this price range of a house?  The last question is I probably would not pursue the deal without seeing the inside of the property first.  On that size of a house you may have to spend $60-$80K in rehab to put it in excellent condition and be worth $370k+.  If that is the case your numbers don't work.  In my opinion, if you have a really short time frame and can't get all the info you need I would want a much bigger spread on the property.  If it were up to me I would pass on the deal or get more time so you can complete your due diligence.