Many investors switch over to these loans once they have a few properties (typically 5 on average, but you are right there in the typical fashion for property number 4)Check out these series of articles on the loan topic published on BP as well for all you need to know about this option!

I also searched both these topics with no luck.

I will totally not ever consider such an idea...Thank you!

I did not use BP but I think that’s a good idea going forward.

I am glad that you posted this topic as I am always looking for new ways to buy at below market prices. 

It recently dawned on me the idea of a non military affiliated individual assuming a VA loan, would this individual be able to then also gain the benefit of using an IRRRL since they have now acquired a VA loan through assumption?

It's an important metric as it gives you an idea of how long it may take you to fill a vacancy. 

Carlos I have no idea what you are referring to ? 

If that 1% saves you $7500-ish (or whatever the final costs are for the refi), then it may be a good idea.

I was wondering if you'd let me tinker around on it, don't worry it's free, because see I have no idea what I'm doing.