If you are using an FHA or VA loan to buy a duplex, the title must be in the name of an individual. You also must be PEROSNALLY living in one side of the unit personally for the specified timeframe without exception. Doing so with any intent of "skipping out" on that clause is loan fraud.
It would however, be possible to refinance the loan and incorporate after the purchase, once "traditional" equity values were reached by appreciaton.
Mar 29, 2013