How to get financing for a rehab?

[Jeremy Roach]

I just bought an REO for a local bank with borrowed cash from an investor. Now I need to get money from another source to gut and rehab this property from top to bottom. I'm looking for advice of a few methods that I could apply. Would I be able to go to a bank and ask to refinance the house to pull the equity out of the home, then pay back my investor with that cash and also rehab the property? allowing me to get it ready to sell on the market, and once sold pay the bank loan back? This is my first property, please help. I am learning as I go.