VA Home loan Refi

[Rich Cavanagh]

I'm a veteran and buy and hold landlord looking for a creative way to take advantage of the VA Home loan I have access to. I'm looking to speed up acquisition of a 2nd rental OR at the very least save some monthly costs (if combining the 2 mortgages saves me enough to make it worth it).

I have equity in my primary residence equal to about what I owe on my rental. Would it make sense to refinance my primary to appraisal then pay off the rental? or... Should I look into possibly refinancing for a down payment on another rental property?

Any thoughts on these or any other ways to play it that I haven't thought of?