Bridge loan to VA cash out refi
If I were to have a new home built, doing the general contracting myself using a bridge loan, would I be able to refinance the potential equity via the VA loan program? Example: total build out $175k...value $250k...cash out $75k.
I know the initial answer is to start an new business...let the business build the house, and purchase later allowing the profits to fall into the company. But then it goes to how does a new company get the funds necessary to build out the home?