Delayed financing: how does it work during a brrrr?

[Jesse Soriano]

I have enough cash to buy a property straight up and then I will be using my credit cards to do all of the rehab.

My question is how does delayed financing truly work?

I don’t want to wait the 6 months once I finish the rehab. If so, if I get a cash out refinance. Do I get back my money from the purchase price of the home or do I get back my money from the total after repair value if I choose not to wait the 6 months?

(I know I only get back 70-75% back)