Refi out of VA Thread

[Sung Yu]

Hello BP Community! 

The fourplex I purchased a year ago with the VA loan appreciated enough to put me above 20% in equity. My goal is to refi to conventional, take the hit on cash flow but in return free up my purchasing power again.

The issue I am running into is that the new mortgage upon refi exceeds the county limit ($538,250), making the conventional option unavailable. I thought the less desirable but a possible alternative would be to convert it to a jumbo loan, but that option also wouldn't work since the minimum refi loan amount for a 3-4 unit is $1.5 mil (information from mortgage lender but haven't verified).

The only option I can think is to refi to a conventional up to the county limit and find a second lender to cover the rest. Does anyone out there have experience with refinancing out of VA and can give advice? Thank you!