Loan with wife vs alone

[Joe Kern]

Hello all ! Just got pre approval for an investment property , and am curious what the pros /cons would be id I added my wife to this as well? Also - I currently have an FHA on my primary which she is NOT on. Can she also use an FHA in her name only, for another property in the future.

Thanks in advance !

[Caroline Gerardo]

Are your IRS taxes filed separately 2021 2022? Does she have her own separate W-2 income? Those two things determine the answer. FHA will require a reason in writing that can be verified. "Joe lives in New York and I live full time in Florida, my job is in Florida we live separate lives...Subject property in Florida."