First time buyer hoping to use burrr, house-hacking, fha loan

[Jon Russo]

Hey everyone,

I'm finally ready after a few years of listening to bp and reading much about real estate investing to get my feet wet for real.  I'm a recent college grad living and working in CT.  I'm currently living at home and want to find a burrr friendly property to house hack.  I've been preapproved for $100,000 first time home buyer loan.  I have a good understanding of the burrr strategy, however the refinancing aspect is still a bit confusing to me.  How do I plan to successfully be able to refinance in order to get my initial investment (plus a profit if possible) in order to look to repeat the process.  Thanks in advance! Any and all advice is appreciated!