If you are not eligible for a VA loan, you can go the FHA 3.5% down route or Conventional 3-5% down.

Conventional loans are strict about down payments, @Jonathan Norris.  

I have done the same, leaving conventional behind and used Visio and LendingOne, and intended to use Mofin (had a change of circumstance, unrelated to them).

Otherwise, I am confused why anyone would want to refinance a VA loan that traditionally has the same, or better rates than average conventional loans, and NO mortgage insurance requirement into a commercial loan that will require a bigger equity position, and higher interest rate.Anyway, moving on.....You can reuse your VA more than once. 

Because my home is owner occupied, I was able to do a conventional loan with MIP at 4% down.

Conventional loan How did you add value to the deal?

I purchased (3) turnkey properties with conventional mortgages under my name.

Use the savings as a down payment if you're going conventional, but it's just an opinion.

We are looking at how to get funding for this property, but we’re told that because it’s so unique, even if we get a hard money loan it may not be possible to refinance into a conventional mortgage because it’s too unique and there’s no way to value the property because there just aren’t any comps.

However, my wife got laid off start of the pandemic and I started independent contractor work, but no 2 years of tax returns for a conventional loan.