House hacking in Pittsburgh

[Devon Shives]

I was recently approved for a loan. I am looking to house hacking a 2-4 unit with fha or fha 203k loan preferably on the east side of pittsburgh. My question is what if the purchase price is lower then the arv? Is it still worth pursuing? How does that affect the ability to refinance down to line to possibly have money to pull out for another property? I’m new and have a few questions. If there is anyone on here I can reach out too via phone please send me a message. I’m finding places like turtle creek, Pitcairn, Wilkinsburg.