Getting a Loan for a beginner

[Rob Bianco]

My wife and I are both doing pretty well financially and with our careers, but my credit is a bit shaky while her's is in the 700's. I'm trying to get involved in buying rental homes for cashflow, but I'm pretty confident I would be denied, but I'm assuming she might not be.

Would we be able to co-sign on a loan? I'm not really sure how this process would work. We also don't own a home (we rent an apartment) so we can't use that as collateral. 

[Ola Dantis]

@Rob Bianco I'd suggest that if you are able to get the loan just in your wife's name, you should go with that option. 

Also, have you considered another approach in which you can a house, where you and your wife live in and also rent it out as well? I mention this because your credit doesn't have to stellar to get a FHA loan.