FHA loan and BRRRR does it work ?

[Jamal Madison]

Hello I am buying a duplex here in anchorage 4 bedroom 1.5 bath bottom unit and 3 bedroom 1 bath top unit for 328800 the ARV is 405 to 415 , it's going to be a slow BRRRR because I have to live there for a year and then move out and rent it out because of FHA but it is my first property and it's what's worked best for me. I was wondering has anyone done a cash out refinance with a FHA loan? if so is it less of a percentage doing it with a FHA?