Can I refinance a house that I own outright?

[Benjamin Carter]

I am a 24 year old guy who is close to finishing up his first deal. I bought a house at a tax foreclosure auction with the intention of fixing it up and moving in with a roommate once it is finished. I am finally getting close to the end of the “flip” part of the deal and need to find a way to get my money out of it. Do I go to a bank and get a mortgage or do I need to look for a way to refinance the property? I bought the house with cash and the only debt I have on the renovations is through personal loans.