How to go from House Hack #1 to House Hack #2

[Bryant Sala]

Hey there! My wife and I got into our first house hack last year, a duplex in Cincinnati. We're trying to decide how to logistically go from this first one, to the next duplex/fourplex. We want to refi out of FHA and into Conventional, so that we can re-use the FHA - but is now a good time to do so? With rates around 6-7%? Or should we wait a few more months to see if rates come back down to Earth?

Also, are there lenders that do no-cost refi's? Is that common?

Thanks in advance!