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Good afternoon,
I’ve been in the military for 11 years and i currently have two homes, one is being rented out and the other one i live in. Both are through the VA lain My ambition is to acquire more Real Estate (RE) and rent them out. With that said, i have a couple questions you may be able to help me out, I’ve done my research and I plan to talk with a VA loan specialist but sometimes i find wayyy more knowledge on here:
1) The VA loan is capped at 450k , does that mean if i buy purchase another house using the VA loan, I will be capped there or can I go over but will have higher interest or something?
2) if I can’t, is it possible to refi under a regular loan, and what are the pros and cons to this?
3) Any advice on LLCs?
Thanks and hope I provided enough info for my RE question
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- 4 years ago
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