Conventional loan Refinance

[Abednego Kashindi]

Hello, everyone! I've got a question for you. In June, I purchased a house, and we closed the deal in July using a conventional loan. Since then, I've been hard at work fixing it up, and our goal is to complete the rehab by mid-September. Now, my plan is to go for a cash-out refinance with this mortgage. I've been talking to a few folks about it, and opinions vary. Some say it's not possible, while others suggest that credit unions might be able to help with a cash-out refinance without worrying about a seasoning period. Does anyone here have any insights on this? Thanks in advance!. For the numbers, I bought it for $80k and the ARV around the area is $155K