How to proceed?

[Dylan Mancoske]

Hi, I am new to investing! I close on my first upper lower duplex next month. Did an FHA loan and i will be moving into the upstairs while doing renovations. The appraisal gets done next week which I'll be hoping for it to get valued over what my accepted offer was.
The bank is allowing me to live there for a year and then purchase another primary residency that I can move into for only 5% down instead of 25% investment loan. 
My question is do I wait for that year and just do the 5% down or do I pull together all my equity that is possibly in this duplex and my land that I own. Then do a 25% percent down and get a second duplex faster? 
any tips would be appreciated! 
I am in Green Bay, Wisconsin 

[Marcus Auerbach]

Greg is right and you probably will only have 5%, which is fine. Don't be disappointed if your appraisal comes in 1k over purchase price, that's normal and does not mean much.