Troubles getting the second 3.5% down duplex

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Almost a year ago my girlfriend and I bought a duplex to live in one half and rent out the other. I also own a couple other properties with my dad.

I got the duplex with a 3.5% down FHA loan. Since you are required under fha guidelines to live there a year, the plan has been to wait until the year is up and then buy the next 3.5% down duplex.

My income isn't very high so I assume I will run into some issues when I apply for the loan on the next one. Hopefully I can get a lease on our unit before we move out so the debt to income ratio starts to look better.

We also thought about quit claiming the current one to the LLC I have with my dad for our other properties and refinancing it into his name so it would open my credit line back up.

If we do that though, the banks might want him to have at least 20% equity.

Does anyone know a way I can pull this off?