BRRR strategy question!

[Vic Vega]

I think the BRRR strategy is great but my biggest concern is being able to refinance quickly (1-3 months). I've heard some people say on conventional loans it's no problem and you can refi very quickly. Some say lenders want to see a 1-2yr period of ownership before allowing a refi.

I assume it may be case by case depending on the lender? What is some of your experience? Has this ever thrown a wrench in your BRRR practice?

Lastly, how much importance do you place on having 70% loan to value ratio after a refi?