BRRR Owner Occupied Duplex Austin

[Jared Crouch]

I was told I cannot use an FHA loan for an owner occupied duplex if I already own a property within 100 miles. Is this correct? If so, how else can I finance an owner occupied duplex without putting down 20%. I feel it defeats the purpose of living in the property if I have to put down 20%. Thoughts?

Thank you in advance!