What is considered a refinance?

2 Replies

Lets say I purchase a property with one of the following or combination of the following methods: cash, revolving line of credit, private lender, credit cards or SDIRA. 

Then within a couple of months I want to establish a conventional bank loan on that property, this is not considered a refinance right?

I know there is usually a 1 year refinance restriction but the scenario I presented above is different and there are no restrictions with this, is my assumption correct?

Thank you for your guidance.