Question - Is VA Cash Out Refi on Rental Legal?

[Garrett Kennedy]

Hi! This is hopefully a dumb question with a short answer: I purchased a quadplex with a VA loan (lived it in for quite some time). I no longer live in it and would like to do a cash out refi. A lender told me Texas does not allow a cash out refi on a VA backed loan for a property that I don't live in. Can anyone confirm or deny this? If that's true, are my only options to use the equity a home equity loan or 1031 exchange? Thanks!