Can you assume an FHA loan without it being your primary residence?

For a DSCR loan you must own at least one property (primary residence is OK).

It was easier to pick one as most lenders said that I was crazy investing on a property as a rental when I did not have a primary and most of the lenders did not understand terms like "cash on cash return".

I have 200k + in equity in my primary but she doesn’t want to touch that either (I’d prefer not to as well).

There's a stark difference in tax rates between legal residences (primary residences) and investment properties/second homes. 

How much it will affect your DTI depends on your existing debt obligations, income, the mortgage of the primary home you want to buy, and the mortgage of the house hack property.I recommend using the 5% down conventional loan product to house hack and only use FHA if you have to since there are more restrictions involved.

I'm a newbie, so this question may have been asked and answered multiple times.Has anyone used their VA home loan benefit to purchase a 2nd property, move into this 2nd property as their "primary" residence and rent out the 1st?

I am going  to use my primary residence for STR for the remainder of the year. 

However, this requires careful legal handling.Other options:Reverse Mortgage: If your parents are over 62 and the home is their primary residence, a reverse mortgage might be an option to access equity without monthly payments.Home Equity Loan or HELOC: If you have significant equity, consider a home equity loan or HELOC to cover your parents’ rental expenses, then repay it over time.The Good: Co-ownership can provide financial relief and shared responsibilities.

HI Troy,If you are purchasing the new home as a primary residence then you will not need to put 20% down.