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Updated about 5 years ago on . Most recent reply

User Stats

38
Posts
14
Votes
DuBois Othero Toy
  • Chicago
14
Votes |
38
Posts

Refi a VA loan into a cash out refinance

DuBois Othero Toy
  • Chicago
Posted

Can you refi a VA rehab loan or a 203k loan into a cashout refi after the Repairs and rehab are done? The objective behind doing this would be to use both loans for fix and flip purposes. Would refinancing liberate the borrower from having to stay in that property for 1-2 years since it would be under a new loan? Thanks for your responses!

Most Popular Reply

User Stats

319
Posts
161
Votes
Trevor Aydelott
  • High Desert, CA
161
Votes |
319
Posts
Trevor Aydelott
  • High Desert, CA
Replied

@DuBois Othero Toy have you looked into a HELOC loan?

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