Property analysis- hard money

[Alon A.]

Hey guys 

I have people I know telling me that they invest on property  with 100% on loan and 100% on rehab. 

That they recycle money and just pay expanses of hard money lender. 
I wanted to understand how it’s possible 

For example for the Texas property, I purchased in 270K

ARV is 430K

I got 75% ARV from hard money lender for rental purposes , so it’s 322K. 

71K remodel cost. (100% financed)

If the 322K it’s more then 270K , it means its 100% financed ?

In HUD the cash to close of this property was 44K.

I wonder how people do it with less then that , they told me only few thousands expanses and not 40K 

can you explain me what it means 100% finances and how I need to calculate it , I want to use my money better way