BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 4 years ago,
Cash out refi on primary (VA loan) utilizing BRRRR post 12months
Greetings,
My wife and I used the VA loan to purchase our primary residence almost a year ago. We like the house but want to find something in a different area. We also, recently purchased our first investment property (conventional 20% down) as well. We are on schedule to get it refinanced and occupied within the next few months. We would like to successfully BRRRR the investment property and turn our primary into a BRRRR as well in order to gain a second BRRRR property and relocate to a different area. Has anyone BRRRR'd their primary and cash out refi'd it in order to free up the VA loan for another primary?