looking for a loan that offers cash upfront for renovations, and can close in 30 days or less. Goal is to purchase an auction property and make renovations.
That would be a hard money loan from cash investors. Nothing institutional will behave that way.

How much equity is needed to refinance a 4-plex that I own as a rental property?
Hi Quang. For a loan amount up to 625K you'll need 25% equity if it's a rate and term refi. Cashout or rate and term up to 417K you'll need 25%. No cashout over 417K loan amount.