All Forum Posts by: Zatch Jason Pouchprom

Thank you Trixie, It very nice to meet you. You're my first BP contact. I’m looking forward to exploring the site and learning from the forums and getting to know the smart and experienced people here.

If a person were to do a house hacking strategy with an FHA loan with the 3.5% down payment and then live in the residence for the required year's time would you be able to refinance into a conventional mortgage and if so will the refinancing come with the standard 20% down? Also once you have refinanced into a conventional mortgage I would assume that you would be able to repeat the house hack by living in another property for the 1 year's residency requirement and refinancing out again.

Any corrections and points that I’m missing would be very much appreciated.

Thanks.

Zatch

Hello Everyone, I’m Zatch.

I’m a new member, living in the South Carolina Low Country and I am resolved to becoming a very successful real estate investor. I currently work in law enforcement and I’m at the very beginning of my real estate investing career. I’m not looking to leave my law enforcement career. I am however determined to excel at both endeavors and be as highly efficient, effective and competent as is possible. I look forward to getting to know as many of the forum members as possible and learning as much as I can, as well as in time one day being able to contribute myself to the vast knowledge base and expertise that is obviously already collected here.

Very much glad to be here!