Inactive/low credit: Affect refinancing?

[John Zellner]

My wife and I are currently looking to purchase a duplex/triplex/quad. We were not pre-approved for a FHA because the lender said my credit was not "active" enough. We are looking for other options while developing a gameplan to obtain/keep active credit.

Our goal is to BRRRR (the popular method here on BP). Upon purchasing and living in the aforementioned duplex/triplex/quad, we plan on refinancing after the property is seasoned (usually a year). As we have hit a snag with the active credit issue, will this issue also alter our ability to refinance?

Thanks for any input!
J&B