Newbiw Financing Question

[Mitchell Finn]

First off I want to thank everyone that contributes to these forums. You are all a huge help.

I have listened and researched for quite some time and kind of house hacked for my first rental through VA loan. Now as I get ready to actually start purchasing rentals to BRRR, I have a money question that I can't find an answer to. If I get seller or hard money financing to buy and rehab, when I try to refi do I need cash at closing for down payment with a bank? Or is it covered in the additional value added? Thank you.