Samantha Reeves,Sorry to bug you again with another questionJust wanted to quickly ask you please, how a Refinance ( Cash-Out ) works when you have a VA Loan , in that ......

We built a home a while ago and are wanting to get it appraised for a cash-out refinance.

For simplicity, let's assume we can only build on one per year, so we would love to refinance all with some lender(s) to have more cash to work with.Can banks or lenders do combo-multi-state deals like that?

With the rates at what they are my thought process is to do the deal in all cash then if rates drop do a cash out refinance.

Also is the goal to refinance in a couple years?

@Anthony DelVecchioTo house hack a property, rent it out after the first year, obtain another FHA loan if necessary, refinance the FHA loan into a conventional loan, use a conventional loan for subsequent properties, and repeat the process to acquire additional properties, diversify financing methods, consider different property types, leverage equity, and network with real estate professionals.Good luck!

Liens stay with the property, so if you are the (new) owner, you will have to deal with them if you plan to refinance or sell.

When completing a refinance, we generally do want to see that an investor owns their primary residence.

That should boost future loan demand — for both purchases and refinances.

Refinance and rent the mobile out, already have tenants interested.