Help buying second house

[Mark Gingrass]

I bought a single family house in Feb 2006 and want to buy a second home, possible a duplex.

My first house is completely rented out as of right now. I am making almost no income off of it, maybe $50/month profit but i'm sure I spend that throughout the year on my rental.

I want to know how hard it is to get a second loan for a duplex. I plan on living in the duplex and renting other half out. I can use a VA loan too if I need to because I did not use it on my first house.

What kind of things can I expect with financing this second house? Should I come up with more than 5%. Is there a way to get 0 down and still do this? Any ideas on how I can do this will be appreciated.

Thanks.