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Updated over 2 years ago,
Refinancing VA loan for Property Rental
Hello everyone,
First post here. My wife and I are planning on moving across the country and have decided to keep our current home and turn it into a rental. The problem is that it is currently a VA loan, and we are unable to rent it under VA loan rules. We tried to refinance once before and were told that we had to stay in the home for at least one year or the loan could be terminated. What is our best course of action here? We have never owned any real estate other than our current home and are jumping in and trying to learn what we can about real estate investing. Thanks for any help!
Tom R.