Has anyone ever leveraged someone else's first time home buyers status?

[Samson Kay]

Is it possible to partner up with a first time home buyer with no money to buy a quadplex? What are the loan and legal implications?

I assume that some sort of LLC or partnership deal would need to happen first. But I was wondering if a residential loan would take my credit into account or both our credits?

[Steven Hamilton II]

It could be considered mortgage fraud if you don't disclose things properly. Their source of downpayment, any other side agreements on the property etc.

Theoretically, You may be able to co-sign or be listed on the deed despite not being the occupier......

I just hit post 3k.