Are there hard money lenders who will lend you money to purchase properties at auctions (e.g., tax foreclosures)? If so, how are the terms different than for a typical rehab loan?
good question, I’d like to know that answer too!
I know Brookview Financial will pre-approve you for financing in advance of making a purchase. Then when you find your property you begin the process. They charge 1k at the time of approval though so be sure you are going to move forward on some type of project before contacting them.