BRRR Method Question

[Kim Cooper]

After I Buy, Rehab and then Refinance, can I really take that refinancing money and place it into another property? I thought if you refinance a property there are restrictions on what you can use that money for.  I thought you could only use that money for THAT specific property again.  Do some banks have certain restrictions and some do not? Or, is that money free to what ever I want with it, whether I purchase another property or buy a million shoes? (just an example, I would never buy a million shoes).