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Updated over 3 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Gregory Spurrier
  • Denham Springs, LA
2
Votes |
7
Posts

Joint ownership for house hacking

Gregory Spurrier
  • Denham Springs, LA
Posted

Trying to see if anyone has experience on bringing someone in to do a joint mortgage to qualify for FHA loan for a house hack.

I have a primary residence already and 3kids under 3 so house hacking is out for me. However, my little brother has just graduated college and has been paying for a bedroom in a friend’s house and is a good candidate for a house hack.

With intentions of him being the primary resident/in-house landlord would this be a good way to get us both started in REI?

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