Best financing to buy Foreclosures??

Hello everyone

What’s the best funding to buy foreclosures (REOS). I’m simply interested in finding listing of foreclosures, making purchases them reselling them.

I hear the conventional financing is much harder to get since the mortgage meltdown. Is hard money a good way to go?

Any idea on how a hard money loan is set up to make foreclosure purchases?

InvestorBoy :shocked

Get pre-approved with the HML. Then when you find a property you can close quickly. Then once you have completed the rehab you can move forward with the refinance using the new value in your LTV calculations.