Being told this summer cash out refi allowed on properties 7-10

[Elizabeth O.]

I was talking to my lender today and he told me that in June 2016 the guidelines are changing to allow cash out refi's on conventional loans #7-10. I've used the brrr method successfully on 2 homes so far allowing me to get back all of my money and move on to other projects. This would be great news if it's indeed true. Has anyone heard this or have any info on this? Thank you