O down - viable? 50% hrd mney, 50% land cntrct, refi in 6 mnthst

[Charles James artino]

No money down, is this viable ? Purchase a home or apartment building get a 50% hard money loan, 50% land contract. Then after 6 months go to a bank and get a conventional loan? I saw this method advertised by a hard money lender and it seemed like a game changer, but I would like some experienced opinions on the subject. Also, would it have to be purchased for under market value so you have at least 20% - 30% equity in it right off of the bat ?