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Updated about 11 years ago,
For Veterans out there who are Investors
The VA has no title seasoning requirements in order to cash out using market value.
This is a huge difference from conventional 1-4 lending because there are many restrictions for title seasoning (how long you have to wait after you acquire title to property).
So how this could be utilized is if you were a veteran looking for a home and purchased a property for 70% of market value with cash (has to meet VA standards/owner occupied only) you can immediately cash out to 90% of market with proceeds going back to the borrower.
Just a quick way that a vet who is also an investor can leverage their equity potentially in other investments to meet their goals and or financial freedom objectives.
This would allow the veteran to obtain money around 4.5% (6.08% Annual mortgage constant) If you could reinvest at or above 6.08% annually then the vet could end up being able to live for free if the other investment cash flows sufficiently.