Finding a lender to buy owner occupied property at auction
Our dream property came up for sale but it is through an online auction. We will have 30-45 to close but there can be no contingencies.
How can I find a lender to fund this for an owner occupied property? 5 of our rental properties are owned out right, could we get a portfolio lender to lend on them so we would have "cash" for the auction?
Are there hard money lenders that will lend on owner occupied properties and then we can refinance it into a regular mortgage in 6 months to a year?
Does anyone know of the best strategy or lenders that would loan on owner occupied properties in Minnesota?