Is it recommended to pull money out of a flip house

[Yaz Bajric]

Hi everyone my name is Yaz I have been reading the biggerpockets forum for about 6 months but this will be my first post. I primarily do fix and flips and currently I have a house that is 2 weeks away from being put back on the market. Has anyone pulled money out of their fix and flip homes to purchase the next property? The house was purchased cash for $30K and I invested $12K in rehab(all cash). The ARV on the house is $80,000.

If I pull $30,000 out will this in any way affect me when I sell the house. I understand the bank would have a lien on the house for 30K but does this look suspicious to the buyer.

[J Scott]

When I get loans again properties, this is generally how I'll do it. I"ll pay cash for everything, and then if I need more cash during all the renovations to by more properties, I'll refinance one of the properties to pull out cash. This way, I only pay interest if I really need the cash and have another opportunity that is clear more lucrative than the money I'll spend on the extra closing and the interest...