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Updated over 9 years ago on . Most recent reply
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REFI a VA to Restore Benefits
Hello,
Looking for some advice/help on what to do with my current situation.
I currently have a VA loan in Texas for a now rental property. I owe 126k on a estimated 144k dollar house. I need to restore my VA benefits ASAP.
The mortgage is 941 a month, and I have a tenant that pays 1250 monthly and is under contract until April, and should be able to up the rent to 1300.
I am unsure what to do. It looks like a conventional refi will not work due to not having enough capital to put down, or enough equity to do. What else can I do? Can I bring in an investor to help with the refi? please advise!!
- Eric Giovannucci
- [email protected]