House Hacking a Duplex

[Shaun Dockery]

Hey everyone! I am currently looking for a duplex in metro east are of St Louis, this will be an owner occupant as I will live in one side and rent out the other to get started. I have a couple questions for all you savy people out there. 1.) I will be doing an FHA loan so I can get into it for only 3.5% down. I know you have to live in it for 2 years, but after that is there any restrictions on an FHA loan where I can't rent both sides out? 2.) Is there any benefit to starting an LLC and renting it out from your own corporation? Thanks all for taking the time out or day to answer!