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All Forum Posts by: Ryan Merrifield

Ryan Merrifield has started 2 posts and replied 3 times.

Any suggestions for a real estate knowledgeable CPA in Virginia Beach, VA?

@Kevin Phu thank you for the feedback, we are around 12% equity if we calculated correctly. Can we use the 12% and then add 8% cash to get the 20% down?

We own a town home and we used the VA loan. We keep getting things in the mail to refinance our loan to get a better interest rate. Which is cool but, I go on deployment soon and we are wanting to refinance out of the VA and to a conventional loan. That way when I get back we can use our VA loan on a single family house and we plant to rent out the one we currently live in. So would it be wise to refinance now to get a better interest rate or wait till I get back to refinance into a conventional loan so we can move into a single family house? Or can I refinance now for a better interest rate and refinance later to get out of VA loan and, is this a wise decision?