Refinancing after a Cash Purchase

[Brian Chu]

I made an all cash purchase on an investment property in order to ensure that I'd get it. However, I'm wondering how long I have to wait in order to refinance? One lender told me 6 months, but I thought that only referred to if you bought with a mortgage? Does the same thing apply to an all cash transaction? 

Basically, I bought a place for $100K cash, and would like to take $75K out in a cash out refinance. Can I do that immediately after purchase? Thanks!