Just don't 'get' the Financing thing

[Stephen Sparks]

Hi everybody.Maybe I'm a dummy but could you explain the Financing thing to me.

Let's say I save $10k. I get a FHA loan for a duplex. I house hack one unit while renting the other. So far so good.

The only way I see this working is to pay off the mortgage, take a new loan with house 'A' as collateral and buy house 'B'. That will take more time than I have. How do I doped the process up?

Thanks in advance