Please help - Need advice about securing financing for a quick purchase

[Gaurav S.]

A owner wants to sell duplex property for 10% discount to fair market value if I can close the purchase by December 31st. I am a first time homebuyer with excellent credit and can easily afford the duplex. So getting a normal 20% down 30 year FRM shouldn't be a issue but problem is I don't have time.

So what would you suggest to make this deal happen ? Do you know of any bank or a company who can issue a 20% down 30 year FRM within 2 weeks ?
Will hard money lenders be able to provide financing in such short notice ? Will they give me a loan knowing that I will be looking to refinance ASAP after the purchase.

Thanks for your time.

[Joel Owens]

I don't see it happening.

Even if you had all cash you still have to do title and inspections etc. and with the holidays of Christmas and New Years there just is not enough time.

The seller sounds like they are wanting to avoid a higher possible capital gains tax that might increase next year.