Interest rates keep going up if too high refinancing wont work?

[Account Closed]

Hey everyone if interest rates keep going up if too high refinancing wont work? means the BRRR method wont work anymore?

[Nathan Waters]

@Account Closed

Are you paying cash for the house and then refinancing? When I did that I was able to use the appraised value (After 6 months). When I borrowed for the purchase and renovated the house, my lender is making me wait a full 12 months to pull money out. I could go with another lender if I want to cash out sooner, but its not helpful in building a relationship with the lender.