BRRRing on a VA Loan

[Stephanie Caruthers]

Hello, i have never bought a home but i have been looking in Raeford, NC. I was stationed there when i was in the army and now I want to buy my first rental property there within the next 60 days preferrably two within the same neighborhood. I currently live in Washington due to my husband being stationed here, but will be getting out in July of next year. We are applying for a loan and have a question.. 

Is it possible to use the VA Loan, say we will be living in it but we can't because we live in WA, do $0 down, use our money to BRRR and then refinance with another loan company so that the VA is paid off and we no longer need to live in the house? Or is there is also a period of time where you also can't refinance either? Has anyone done this before?