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Updated almost 3 years ago,

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3
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0
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Sergio Zamora Jr
  • Rental Property Investor
0
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3
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HELOC on home purchased with VA loan?

Sergio Zamora Jr
  • Rental Property Investor
Posted

Hello everyone,

I am new to investing in real estate. I am Military and have a home that I purchased with a VA loan. I moved and this home became a rental. I have equity that I would like to tap into to do a BRRRR. I was told by a bank that I cannot do a HELOC on this property since it is now an investment property. Does anyone know another way to get that equity? By the way, I just refinanced this loan a few months ago. Thank you

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