FHA Loan with Girlfriend?

[David Nguyen]

Hi! My girlfriend and I want to dip our toes into investing and was looking out of state.

I was wondering if we would be able to get an FHA loan as a joint tenancy while unmarried. I read that they would allow if we both live in the property for a year together we wouldn't have problems but if only one person occupies in the home we would pay 25% of the loan (which wouldn't make sense to do an FHA).

If that is true, would it be possible to have me do an FHA loan myself, live there for a year, once I move out I add my girlfriend to the property as a joint?

I want to add my girlfriend to the property because she can provide me the other half of the capital I need to invest. We have been together for 7 years now as well.

Thanks!

[JD Martin]

Don't do it. There's a reason - I don't know what it is - that she's still "your girlfriend" after 7 years. There are huge financial (and other legal) advantages to being married, and someone(s) willing to forego those benefits after this many years definitely has a reason besides "I don't need a piece of paper to say I love someone". 

There's a reason you don't hear about boyfriends & girlfriends celebrating 20,30,40 year anniversaries. It's because it doesn't happen. If you do this you will in short order be back here asking the forum how to untangle the mess.