Private money, with the goal of refinancing within six months.

The issue is refinancing if you don't have the capital to sit on, and like Minna said, that could hurt you on the back end. 

Thinking about refinancing to get a lower payment, or cash out refi or Home equity loan which would free up more cash to speed up the process and use that money for a down payment. 

Hey guys! My wife & I finally finished working on our house we purchased in 2016. We purchased it for $110,000, put around $5000 in rehab into the property, and a month ago it appraised for $154,500!!!! I got a li...

(I was refinancing a property I previously owned outright).

Now the tricky thing is finding a lender that is accustom to refinancing out of hard money lenders. 

I'm actually refinancing my primary residence, which I bought with an FHA loan, so I can purchase another property with another FHA loan. 

If you used an FHA loan you may not have built up enough to borrow and buy another.I would run the numbers... can you pull out enough equity to have a down payment and have cash flow cover your refinanced mortgage?

Do you plan on refinancing or are you looking to pay that loan off in 15 years?

https://www.biggerpockets.com/proreplay/251-how-to...In this webinar @ 14:00 Brandon is talking about the refinancing period of BRRRR.