Does "No Seasoning" financing exist?

[Leo B.]

I've read and seen many advertisements regarding No Seasoning loans. But I'm running into issues finding such a lender. I purchase a home cash and am rehabbing the property out of pocket. I would like to recoup my original investment via a cash out refinance. The property will easily meet my needs at 70% LTV. However, I've contacted numerous portfolio lenders and they are all saying they will only cash out up to 80% of the COST or FMV whichever is less. Obviously the cost will be less. And they are saying I have to wait at least 90 days up to a year from date of purchase to use FMV. Does this No Seasoning to use FMV exist?