BRRRR trouble with refi

[Bryan Shaffer]

My wife and I are new to the game. We flipped two properties but are now using the BRRRR method on a SFH. Everything has gone well, we have tenants lined up, but now we can't find a bank that will give us the full 75% of the houses value in a refi. House value is 265k but the most we've been offered in 126k. Has anyone run into this before? Advice?

Thanks,

Bryan