Dont want to miss the boat! Leverage home equity or free up my VA loan?Morning all,I'm starting to feel anxious and want to make a move before rates climb back up so i'd love some opinions. Here are the facts:Im a young investor with 3 properties under my belt:Primary residence ~ 70k - 80k equity. Owe ~230 @ 3.75%Single family investment property ~ 50 - 60k equity. Owe ~65 @ 5.6%Condo Investment: upside down (owe 95k, worth 60k) Owe 95 @ 4.0%Im on the fence about wether i should refinance my primary (a VA loan) and assume a likely .75 rate increase so that i can re-use the VA loan to move into a new primary residence and begin renting out my current primary residence.ORTry to use my equity (either through a HELOC on primary or cash out refi on investment property, or both) to buy a new investment property or properties.Thanks all for the advice!August 20 2013 - US0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.