I'm assuming your son doesn't have the financial history to afford an owner occupied loan without a co-signer.

If you have a CO now, try to keep it so you can rent our bedrooms to single professionals for spare cash while you do stuff.

So my question is, if I purchase a home With an FHA loan and I have a Co-owner do we both have to live there due to it being owner occupied?

Anything that hits your personal credit reports will lower your DTI so plus minus zero unless you have some other income to help, like a co-signor, commercial NOI, hard money or a little secret coming from true business credit fka corporate credit.

I had to plant little seeds for a very long time, and it wasn't until someone else in her life, a co-worker, told her a story of how her appraiser husband (I'm an appraiser too) was doing RE that she came around.

If you don't have enough net worth to cover the loan, you may need to find a co-guarantor.

But our lawyer after ordering a new title report found the 2nd bathroom to have been added on without a CO and apparently used to be an enclosed porch or patio.

I negotiated using a realtor that I met through a co-worker.

I decided to re-focus and that’s where I found real-estate.I knew a couple as well as a co-worker who each owned a duplex in addition to their personal residence.

[I'm in NH, and cannot require additional security deposit; I can require a co-signer, however].What would you do in this situation?