New to REI - Question on financing

[Cherly Lare]

Hello,

If I make a cash offer at a ~15%-20% of the asking price and buy the home. Can I then get a loan to get my investment out?

For example: A property on short sale for $100k (market value $135k) and I offer $$80k cash. Once I have the title, can I then get a loan based on the home appraised value (equity) for $100k?

Thank you for your help!