Cash upfront; how hard is it to get financed after the deal is closed?

[Angela Kelsay]

I have always done cash deals on flips.  I am now looking at a potential buy and hold property.  It's an online auction so I'd like to incentivize my offer by using cash but long-term want to finance the property.  Obviously, I want to maintain as much liquidity as possible so I'll be ready when the next great flip deal is available. 

So, since I have never used a bank (and quite frankly am quite intimidated by them even though my credit score is about 840) I don't know how hard it is to come by a cash-out refinance.  I talked to my local bank one time on this matter and they acted as if that was practically unheard of.  I've shied away ever since but don't think that I probably should.

Thoughts?