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Updated almost 9 years ago,

User Stats

41
Posts
13
Votes
Seth Larson
  • Wholesaler
  • Kansas City, MO
13
Votes |
41
Posts

VA to Non owner occupied Refi advice

Seth Larson
  • Wholesaler
  • Kansas City, MO
Posted

Im looking a purchasing a multi family in Kansas City. I spoke to the VA loan office and they said I would likely be approved.

Being that VA is Owner occupied for the life of the loan, not one year like many people like to say, Im prepared to move.

That being said, coming from southern California I dont intend to stay there any longer than I have to

Im having trouble finding any good info on a VA to non owner occupied refi.

I intend to purchase at a discount and force equity in the property by renovating. Im thinking I could refi at 75-80% LTV and get out of the property under a year, No?

thanks for any help 

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