Cash out Re-fi Question

[Lisa Barker]

Broadening my investment strategy to include buy and hold without tying up all of my cash. In the past I've used traditional lenders as I'm a W2. 

For simple math sake, say I buy a property for $100K (assume traditional mortgage), fund a reno of $50K with cash, ARV is now $250K... my understanding is that I would need to season the property for 6 months then do a cash-out refi for say 80% of the ARV or in this case, $200K.

What if after 6 months I am no longer a W2... it would appear from the folks I've been in contact with, this would not be possible. 

Thinking I may be dealing with the more traditional side of lending?  Looking for help identifying the segment of the lending market (other than hard money) that would provide a competitive rate in this scenario.

[Erin Kreiger]

@Jonathan Styer do you work with any lenders in Columbus that do this? Can you send me their info if you do? Thanks!