Newbie investing idea

[Dante A Minjarez]

I had this idea awhile ago just don't know how well it will work as I am new to real estate investing and would like to get your thoughts. I was thinking of using FHA loans to get into houses with a cheaper down payment and then living in them for a year or two and then using the equity I've gotten in the house to refinance it to a conventional loan then renting that property out and just getting another FHA loan to just repeat that process to acquire rental properties. I would appreciate all of your inputs on this thought thank you for your time.