Refinanc,rent, buy and flip?

[Abner Gomez]

Hello every one! I am in the education process in RE just basically learning in BP, videos, driving for dollars, websites, audio books, etc. My wife and I bought our house with (3 rooms and 1.5 bathrooms) 5 years ago and now has over 90k in equity. We are thing of different ways to use the money to get into RE and one of the plans is to refinance the house, rent it and then buy another house for us with a FHA loan and use the extra money for our first flip? Any suggestions

Thanks in advance