Buy, Rehab, Rent, Rehab, Repeat Clarification Question

[Justin Nahas]

Hello All!

I am trying to learn about the BRRR strategy and was a little bit confused

I live in Tampa, Florida and will be investing here (for the time being). 

When investing using the BRRRR method, can I finance it through the bank and get the down payment and rehab costs from my own capital or a hard money lender or do I have to have the full purchase price in cash? (either using a hard money lender or my own capital)

For example,

Let's say I found a property that has an ARV of $300,000, and lets say it needs $30k in rehab. If I use the 70% rule, I should purchase it for roughly $180k. So all in, it would be around $210k. Would I need that all in cash from either a hard money lender (or my own capital) or am I able to put $36k down (20% of $180k) and then rehab it and do the BRRRR method that way?

*I made a mistake in the title. It's supposed to be Buy, Rehab, Rent, Refinance, Repeat* had a minor brain fart hahaha