After a cash purchase, how soon can I cash out refinance equity?

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Hello, After a cash purchase of a property, how soon can I cash out refinance the equity? This home would be my primary residence by the way. The property is located in Maryland, in case there are any laws pertaining to the issue at hand in my state. Looking to use the cash to do minor repairs on the home and to invest into another property. Thank you guys! Mischa Vallegotti