What they will offer you is an appliance package, or closing cost help, or a low fixed rate loan. 

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?

You could bring less down and possibly have a lower interest rate since you will be living there.

In my experience, tenants that remain in place for 5+ years are almost always behind market rates.

There are other suburbs that you may be able to do it in but its not going to have the booking rate you're looking for.

high interest rates have hurt cash flow and long term rentals are still a great investment... they're just not going to throw off rental income in the first few years of ownership.

Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes. 

Unsecured personal debt is often from institutional sources, but at rates of 9-20%, fully amortized over 3, 5, or 7 year terms (not interest only).

I will go see samples but figured you folks could give a definitive thumbs down if this is just today's version of cheap linoleum.

25% is the going rate, high end 30%/35%