Pulling out equity of house purchased with cash during rehab

[Samuel Watts]

Hello! I currently have 2 houses I have purchased with cash and have just started renovations. I have enough cash to complete the flips but would like to pull my equity out now so that I can purchase more properties and keep the ball rolling, instead of waiting for the properties to close to free up funds. 

I have talked with quite a few lenders in my area about doing cash-out refinances or lines of credit on the properties but it has been tough finding a lender to lend on properties that I don't intend to hold as thats where they make their money back. 

Is anyone else doing something similar to free up their money without using a hard money lender? One lender I have spoke to is willing to do it for 1% of the loan value plus appraisal and recording fees. This is pretty good but I wanted to see if anyone else is doing something similar.