BRRRR Property All-Cash Purchase Question

[Andy Daniels]

Hey all,

I've been trying to find a decent answer to this question, so I figured I'd post it here!

I am currently working on a live-in flip house, and I plan to sell after my 2 year primary residence mark (est. December 2023). In the meantime, I have access to private money via an investor where I am planning to purchase BRRRR properties and turn them into rentals once they are renovated.

My question is: Can I still execute a cash-out refinance on the property if I purchased & renovated using all cash? I know if you use conventional financing to purchase the property, you can cash-out refinance after 6 months seasoning, and pull out 75% LTV to recoup the money. But what about an all-cash deal? My goal is for the all-in cost to be no more than $75k on each property.

Thanks for helping out a real estate rookie!

Andy