Refinance out of VA loan to a FHA loan to house hack

[Ryan Owens]

Hello, I currently live in a 3/2 home financed on a VA loan. My wife and I have 2 kids 3/1. We need more space maybe a 4/2 or 4/3. Would it be smart to refinance out of the VA loan into a FHA loan. Live in it for a year or so, then use my VA eligibility again to buy my family home. The home I am currently in would become a rental. Is this a smart way to get into the real estate investment business? The cheapest 3/2 rents in my city at 1300.