Can you refinance a property you paid cash for?

[Fernando Garcia]

To begin, I apologize for my ignorance if this is question isn’t valid. I have the ability to borrow cash in order to make a deal and close quickly. But I don’t want my cash “lender” having to wait 1-5 years for them to get their money back (If I sell). Is there a way to pay cash for a property and then take out a mortgage loan through a bank or mortgage lender?