Refinance/BRRRR with small rehab?

[Michael Cortez]

Hi so are you still able to do a successful BRRRR even if the house is not paid in full?

So I know the main idea of a good BRRRR is to get a hard money or private lender that will pay all or most of the purchase and maybe the rehab along with maybe a down payment on your end to show "skin in the game". What if you find someone that will only fund 50% with no money out on your end up front. Are you still able to do a good cash out refi to pay back this lender once you do a small rehab like 15-20K worth of work? Or does it only work by paying off the house in full?

Thanks all