Husband and wife use VA and FHA

[Kelli Huang]

I know the basics of VA and FHA but you don't see this kind of situation too often. So I bought my primary home with VA under my name only more than a year ago. My husband does not have a mortgage and is not on the title. We now want to buy a property using FHA under his name only. Is this possible to do? Can we 'say' that we're moving or that he is moving out by himself? It is possible that he moves in to the new house to do fix and flip if we buy a fixer-upper. So technically he will move in to it. We don't want to get in trouble and go to jail but we are trying to do creative financing and FHA with a multifamily seems like the smartest thing we can do next. Has anyone done this with husband and wife own 2 VA, 2 FHA, or VA and FHA? Any thoughts?