Cash out refi on rental bought w hard money loan and no income?

[Michael P.]

Can you do a cash out refi on a multi family rental unit, if you have no current earned income and you purchased the property with a hard money loan? I ask because I am interested in buying a multi family units along with flipping properties, but I plan to leave my current finance job to do this. I have been in finance (not lending or real estate) working for a large wire house for over 12 yrs and have money in the bank, but will not have any earned W2 income once I leave. With having to show that I can cover my current primary residence mortgage, will I have a problem doing a cash out refi to purchase property after property? Or will I run into a problem because my income may not show that I can cover monthly payments for several properties at the same time? Any way around this to acquire multi unit rentals to earn a solid stream of income without another job or source of income?