How do we purchase and move into a out of state duplex?

[Caren Klein]

We are looking for ideas on how to house hack a duplex out of state. My current Home has no mortgage on it, and we wanted to keep it as a rental along with the other side of the duplex. We would have to find jobs after we moved into the duplex, which isn't hard to do with my occupation. As far as we know we cannot buy it as a primary residence because we do not have jobs there yet, but we have more than enough cash available for FHA. I can't buy it as a second home because it is a duplex, and in order to buy it as an investment property we have to come up with 25% down which is a little bit more than what we have to work with. I could pull a mortgage on my primary residence and use that for the down payment on the duplex, purchase it as an investment property and then move into it.