Can you house hack a multi-family & cash out refi in Texas?

[Michael Vasquez]

Is it possible to purchase a distressed 2-4 unit property as an owner occupied dwelling through conventional or FHA lending and then get a cash-out refinance loan within 12 months after the property has been updated and leased in Texas?

I've been told by multiple lenders that in Texas, you can only do a cash out refi on SFR. If that's the case, then the house hack BRRRR strategy won't work in Texas for 2-4 unit properties.