Fha mortgage loans on multifamily

[Thomas Weiss]

Hey guys, I’m going to be buying a multi family with a business partner pretty soon. He does not have W-2 showing income since late 2020, but he will have a new job when we get this property. We are coming to the point now where we are planning on getting pre-approved.

However, he has +730 credit and he is a co-signer on a different primary residence already. So my question is should I leave him off the loan application and only use myself or have both of us as co-borrowers?

Any suggestions/advice appreciated!