Using HML on property I'm closing on for FREE

[Mike Kendrick]

I have a property under contract in Ohio that the homeowner is signing over to me for free, minus closing costs. I have 45 days to close and I am considering wholesaling or rehabbing myself. My question is, if I take posession of this myself - will I be able to get a hard money loan to make the 40-50k in repairs after I close - or would I need to determine prior to close and have the HML listed on the title?