Purchasing with Private Money then Refi at Lower Interest Rate

[Mallikarjun Reddy Pateel]

Hello BP, this is such an Amazing Community. Proves real estate Business is always Giving Back.

I’m a Newbie, here’s what I’m Planning to do.

Can I purchase a Property with 100% Private money hold on to it for Couple of months and then Refi it with Traditional Mortgage and get that Cashflow coming in. So that way I don’t put any money down. Is it even Possible?

What number of Cap Rate or NOI make sense for this type of Creative financing.

again I’m a Newbie I don’t if that’s Possible but share your Thoughts and advice. TIA