BRRRR - Question about Refinance Period and Refinance Amount

[Gaurav Bhasin]

Hello, I have a question on the BRRRR. I was looking into using the BRRRR strategy. I spoke to the lender I used for the previous deal and she told me that you have to wait 6 months before refinancing and can only get 70% of appraised value since its a fourplex. Wanted to run it by all the experts on the forum. These are the links she sent for reference:

https://www.fanniemae.com/content/guide/selling/b2/1.2/03.html

https://www.fanniemae.com/content/eligibility_information/eligibility-matrix.pdf