Using my first home as an investment vehicle

[Antonio Rivera]

Hello BP, my question pertains to using the potential equity in a home I'm looking to purchase through FHA to invest in Realestate ( BRRRR method )Through my research it appears to me that many people have used this method to invest. I recently talked to a Hard money lender in my area and he told me its extremely difficult to use this method due to recent changes in laws ( not sure what law). He also stated that a HELOC and refinancing was very difficult for banks to approve unless you have impeccable credit. Is there anyone that has any recent experience with the BRRRR method with success? Is it very difficult to invest using this method? Any advise would be greatly appreciated. Thanks!