Questions about BRRRR

[Justin Rucker]

So I am researching this strategy. 

When going to the bank to make sure they will refinance my property before I purchase it with hard money or private money. What kind of loan is this that I am asking for? Is it a cash out refinance loan? Also, In a conventional loan, banks require a 20-30% down payment. Will I have to put down a down payment during the refinance portion of this strategy? If so can you get the money from the hard money loan to cover that?