I would take advantage of the generally lowest rates we have seen in a while and just do the refinance.If you need a referral, let me know?

I do not live in the same state but would love to help her figure out how to use this to her advantage by either financing another property to buy a rental property, or maybe renovating her house and selling or putting on the airbnb market.

How long does one need to own before taking advantage of the BRRR method to spin funds back out of a property?

How long does one need to own before taking advantage of the BRRR method to spin funds back out of a property?

I plan on taking advantage of the 250k tax exclusion of living in a personal property once it sells. 

With deals being so scarce we all have to find or create for ourselves a competitive advantage.

It might be off the MLS and that is really OK because you get an advantage of leverage by using the VA loan.

Another downside is you loose on the advantages, of the Federal Tax Code, by not closing in the name of a LLC.

You have your large players, which can have both advantages and disadvantages.

My only regret is I didn't try and take advantage of that opportunity sooner, and now i know that my other two partners share that feeling.My advise is to be patient, work at what you are good at and build your strengths, finance may not be what you bring to the table but you have plenty to bring.