If you are new and don't have a clue, then I would certainly recommend them or some company that can guide you through things until you have an understanding. 

I LOVED getting a loan through DR Horton on a DR Horton build, that I had to pay for a DR Horton appraisal.

-- when would you look for the company to refiance into/what if you dont qualify-how do you kno itll go through/not get stuck with the hardmoneyloan?

The property will be strictly for investment purposes, not a primary residence.I’ve been looking into two potential financing options:Hard Money Lenders (HML) – I’m drawn to this option for its speed in closing, but I know the rates can be higher.DSCR Loans – This seems like a great option for long-term rentals, but I’m unsure if it’s the right fit for my auction property since it might need some rehabbing.I’m also considering purchasing through a land trust or an LLC to add a layer of protection and privacy.So, my questions are:What’s the best way to approach financing for auction properties?

Ex, can't get one through Chase bank here, but went to our local Credit Union.

since purchasing the property with a 10% down portfolio loan through a local bank, I have done extensive repair work and renovations.

Some interested buyers did go under contract but things fell through in the deals.

I am sorry that the storm that passed through just prior to your stay required emergency roof repairs. 

I built two that way and out of the 90 homes in Ivy Ridge estate if I think through it.

Quote from @Rene Hosman: @Austin Wolff recently went through this process of identifying markets to purchase in and he goes over his thought process in this episode on the Rookie podcast about how he used the MarketFinder here on BiggerPockets to find markets that met his criteria Podcast: https://www.biggerpockets.com/blog/rookie-473MarketFinder: https://www.biggerpockets.com/marketsI specifically only focused on 2 markets (Indianapolis and Fayetteville, AR) before I found a deal using the BP "deal finder."