Refi to pay off hard money loan

[Hugo Alves]

I just finished watching Brandon Turner's video onhis BRRR strategy for his 4 property deal. He presented how he completed a refi at 12 months, which obviously brought down his payments and cleared the HML.....right? That's where i'm confused. The property value did go up but with a refi being 70% of the value of the home, does the bank give you this money and then he used it to pay the HML?

Still trying to understand HML in general. Any help would be great as i have a property that i can capitalize on soon but what to makes sure i'm understanding the HML and the refi to pay it off.

Thanks in advance