Updated almost 5 years ago on . Most recent reply
Refinance or Stay with va?
So basically i bought a house using VA last year for $408600. My current rate and payment are 3.875 and $2370.
The house can rent for around $2500
I can refinance the loan and put it to a conventional with pmi financed for 2181 or i can do it monthly for 2313. 2.875 apr
The loan total would go up to 419k or 413k.
I want to free up my VA loan so I can buy a duplex eventually, should i refinance now or do it later?
Please help! very new to this