Brrrr after and FHA loan

[Edy Lagares]

Hey everyone I got a question,

I'm looking to buy my first property, a duplex to house hack using a FHA loan and my goal is to use this first property to launch my investing journey using the equity on the house to get a HELOC and start investing using the BRRRR strategy.

Now my question is, can you get a HELOC on a property that has a FHA loan in place or will I have to cash out refinance it into a conventional loan in order to do that?

Has anyone in here done this before?

Any insight I can on this will be very much appreciated,

Thanks