If you can save money and renovate and the ARV allows you to pull your intial capital out sooner, I say go for it!

Ultimately, consulting with a real estate focused accountant is the move here, but this should be a helpful primer.

And YES, carriers will 100% do that because it will save them a TON of $.

There are a lot more details that go into two VA loans and the downside but transitioning into a conventional loan on the  investment refinance will save you a lot of frustartion down the road.  

BPCON is the ultimate annual gathering for real estate investors since 2019.

Any business could do this with their services and the savings would certainly justify the additional effort.But if you take advantage of the new law, wouldn't the renter do the same?

You don't need to save up $100K or quit your job today in order to become a successful investor. 

He ultimately refi’d into a loan that felt hefty at first, but it freed him up to add another unit in the building.

I have some money in my savings account but not a lot.

Of course, the story isn’t done being written and it’s always possible the value could go back up.It was also less expensive to buy and sell our laundromat, particularly because we brokered the sale ourselves, saving us 10% of the sale price.