Can you Refinance hard money into an FHA loan

I have a client I’m working with that wants to get a fixer upper house but it’ll be their first home purchase. Of course the house is distressed so an FHA loan would not qualify. He wants to get a hard money loan and then refinance into FHA. Is this possible?

submitted by /u/Dr_Options
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source https://www.reddit.com/r/RealEstate/comments/1942pln/can_you_refinance_hard_money_into_an_fha_loan/