VA Loan

[Alex Filipe]

My name is Alex Filipe and I'm an aspiring REI. I plan to start my venture through a VA loan. I've been reading a lot about VA loans but can not seem to come across this specified question regarding them. Its stated that one can only acquire a max of 2 loans and no more until loan is paid off and no longer exist. But what if i take the burden of the loan of them, get the benefits of the low interest rate lets say 3%. Through a 3rd party some random bank or credit union refinance it through that company at get that same 3% or in same ball park, therefore freeing up the loan originally purchased though them. Would that not allow me to in theory allow me to acquire another loan through them and repeat until I'm satisfied?

[Jerry Padilla]

@Alex Filipe 

You can move into a property with 0 down with a VA loan. You can rate and term refinance with a conventional loan and keep going as long as you have the equity or the money to pay down the mortgage to get the LTV to support it. You can keep purchasing an owner occupied VA loan every year and refinancing if it works out for you.