Question regarding recycling FHA loans

[Chris Dudine]

Hi everyone, question regarding FHA loans. I've heard on several podcasts recently about refinancing an FHA loan into a conventional mortgage, to free up your FHA loan for reuse. How many times can this be done? Can you keep doing that endlessly, as a strategy to keep getting low-downpayment loans for acquisition? What are the pros and cons of this strategy? It sounded solid, but they didn't go into the details.