How to refinance an FHA Loan.

[Jonathan Escobar]

I have heard a lot about why house hacking is such a great thing to do but I am very confused about what you are supposed to do after a year of being in the house? Some say that you can keep the terms and get a new FHA loan on another house next door and others say that you cannot do that. Some say that you have to refinance the FHA loan to a conventional loan, but what does that mean? 20% down conventional loan? What if you are planning on moving to another house hack but you don't have the capital to refinance and put a down payment on the first house? At that point, do you just go to a private lender? How do you compensate them if you can't quite do a BRRRR method and give them their money back in a short period of time with interest?

What do you do to TRANSITION FROM HOUSE HACK 1 TO HOUSE HACK 2?