Need advice on how to purchase my first multifamily

[Jay P.]

Hi everyone. I am looking at purchasing my first multifamily property and am not sure how to go about doing it. This is my situation. Any help would be great appreciated. I have been in my current residence for almost 4 years. I used an fha loan to get it. I was told that I can refinance my current house and then purchase a multifamily property. If I house hack it, then it would save me from putting down 20-25%. My question- is this possible? And if so, would this be the best way to go about doing this?