In such cases, the borrower must provide evidence of the increased family size, such as birth certificates or adoption papers, and demonstrate that the current home does not meet their needs​.Vacating a Jointly-Owned Property: If a borrower is vacating a residence that will remain occupied by a co-borrower, such as in cases of divorce, they may be eligible for another FHA loan.

Are you looking to use owner occupied financing?

Something like ok, last month I took an off-market tenant occupied worn down SFR, seller wanted it ran off-market, in 10 days we had 4 offers in hand and went through over 2 dozen conversations looking through details to consider offers.

Vacating a jointly-owned Property: A Borrower may be eligible for another FHA-insured Mortgage if the Borrower is vacating (with no intent to return) the Principal Residence which will remain occupied by an existing co-Borrower.

Since this is an owner occupied property, the ability to repay is not there and if the wife ever defaults in the future she can claim it was a fraudulent loan.2.

Although, this property is occupied.

We self manage and we've had 0% vacancy, <1% late payment, all occupied at market rents.

The property is ~75% occupied, so it wouldn't qualify for agency programs.The seller is extremely motivated and may even consider seller financing her equity.

@Steven Kim talk to a lender and an attorney, but to use a VA loan you MUST occupy one of the units for the first 12 months of the loan, or its mortgage fraud.Find it hard to believe the owner found a traveling nurse willing to pay $700 / 39% higher rent for month-to-month lease.

Even with bunk beds, there are limitations on how many guests are allowed to occupy a 1br unit.