Need Help foreclosed property auction Hard Money lender.

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HI all,

I would like to know if you can purchase a foreclosed property at auction using funds from a hard money lender. I know you need 10% down if you win the bid and most have the other 90% with in 30 days. Also if hard money lenders provide you with a loan what happens if you don’t use the money, can you just give it back? This property is a Co-op located in N.Y.C

Best regards,