Buying a duplex to live in/rent out at the same time

[Marcus Martinez]

Hello everyone, I am looking to purchase a duplex and owner occupying 1/2 and renting out the other 1/2. I'm not really sure what type of funding I can get to purchase the property that best fits this type of investment . Can anyone help me out ??? Please leave comments and add anything that I may need to be aware of in this type of process. Thanks :)

[Kevin Coleman]

Is this your first purchase? If so, you should be able to finance an owner occupied duplex with conventional or FHA owner occupied financing pretty easily at almost any bank. FHA will only require 3.5% down.