The refinancing R in BRRRR

[Allan Tea]

Hello all BP friends, I am a newbie investor and have a question regarding the refinance portion of BRRRR. After completing the first 3 steps, what are the general criteria the banks are looking for to allow you to refinance/cash out? What percentage am I looking to get out considering I paid for the property with 100% cash. Will the bank allow me to get 100% back? This is in regards to a single family home that I paid for using the 70% less rehab rule. All opinions and answers welcome. Thanks in advance !