Refinancing out of an FHA to conventional

[Mario Morales]

I currently have an FHA loan and in April 2022 it will be a year with this property. I would like to refinance into conventional so that I can do the FHA loan again for my next property.

I probably won't have the 20% equity but I would still like to go conventional so that I can move onto my next FHA loan.

What are the pros and cons and any advice you can give.