Getting out of FHA Loan after HouseHack?

[Alex Pepe]

Happy Fall BP Gang,

Due to numerous circumstances, I think a BRRRR house hack is a great strategy for me to implement for REI debut. My question though is if I am able to get out of my FHA loan through a refinance after I've lived in the property for a year. If yes, this opens up the ability to use another FHA loan correct? If I am in the financial position to not need a 2nd FHA then perhaps I can use a HELOC instead to save on costs from a refi.

Happy Holidays