Buying Multi Family for relative as primary residence

[Joshua Hollandsworth]

A relative of mine wants to move out, yet they don't have enough money or credit. Can I co-sign and have both of our names on the title, without me changing my primary? I would not be living here... also, would I be able to collect rent from the other unit(s) ? Or would this conflict with lending guidelines?

[Account Closed]

Originally posted by @Joshua Hollandsworth:

@Eric C. From the outside looking in, I understand your perspective. This is my twin brother, and I would be responsible for everything financially. I appreciate your input, however, it doesn't really pertain to my question. Thanks again.

OMG since it is your twin that changes everything. 

If you want to buy a rental as an investment that’s on you. The fact that you are going to rent it to your brother is just showing how you have no flipping clue what you are doing.  Separate your emotions and use your head. 

If you and your brother want to be the next property brothers then make a business and a plan but don’t think family is going to do the write thing because your DNA has similarities. 

Good luck