wholesale to buy and hold with hard money??

[Joe Butcher]

I started marketing to absentee owners a couple months ago. Have made a few offers but no deal yet.

Ultimately I want to be a buy and hold investor.

Lets say I got a house under contract and I thought it would be a good rental property for me. Could I use hard money to buy the property, do the rehab (if any) and then refinance that into a conventional mortgage?

How exactly does that work? Has anyone here done that? I have no experience with hard money lenders other than talking to them at REIA meetings.

If anyone can walk me through the process (if indeed this is a possibility) that would be great.

Thanks.

JB