Confused on refinancing with the brrr method

[Andrew Dornan]

I am trying to learn this whole brrr strategy, and I am stumped on the refinancing part If I was to get a hml and do the buy, Reno, rent. Who am I refinancing to free up capital from? The hml? Or at that point do I try a bank to repay hml and then refinance from the bank? Any help explaining is greatly appreciated. Thanks in advance