Hi Haeden,You can do a cashout refinance of your current residence and use that as a downpayment on a new primary residence.

For example, when I moved from CA to AL, we purchased our primary residents starting in September of 2020.

Mainly what the primary functions of the administration side that should be mastered for success. 

@Greg Reese is this your primary?

I also bought my primary residence (condo) and have been house-hacking since day one. 

This home is my primary home, but it does have an apartment in the basement with a completely separate entrance that has cash-flowed enough monthly revenue on Airbnb to cover the mortgage.

I bought that home with a VA loan back when it was my primary residence in 2015. 

It is currently being rented out, the existing mortgage on the property is as a primary resident.

Should I get lucky enough to gain another property, I may also attempt to rent out my primary home after the refinance, and BRRR the next property. 

FHA borrowers must move into the home 60 days after the mortgage closes and must keep it as a primary residence for at least one full year.Sep 23, 2021https://www.investopedia.com › askCan FHA Loans Be Used