I am in the largest producing real estate office in Indianapolis and I regularly train new agents including all the ones that go to BOLD.

While conventional lenders regularly offer this service, not many vendor's would entertain it.

It's been awhile since I applied through USAA (and it was regular loan, not VA).  

If you can make payments, you're much better off with a regular loan.  

If I was going to go with my regular lender I was going to have to wait 6 months for the property to season before I did a cash out refi to pull my money back out of the property.  

I think they are right on par with a regular mortgage as far as timelines go. 

I also would only be able to get together a few thousand dollars in 2 months to cover closing costs, but not really any other money to 'put down'Do you advise, instead, that I do an FHA streamline refi, save my money (working my regular job) and in 2 years, try and refinance then (or sell and purchase another property)??

If course they charge a fee for each balance transfer just like a regular credit card. 

Thanks again for making this forum available, and looking forward to the exciting journey ahead learning from and interacting with you all. 

However, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.