However if you are consistent, like you allow 25 year olds with a co-signer & double deposit then that could potentially work (depending on the laws of your state).  

Try looking at the HUD website for your state.Another thing, I had a co worker get offered by a bank to do 0% down conventional loan on his the house he just bought.

I own a co-op as my primary residence and have toyed with the idea of house hacking but I really like where I live and would have to move to a little rough area to make the numbers work, which I decided against.  

We've had a few people who they are upfront about a tough rental history, or lack of, and we require a co-signor.

Have you considered getting a co-signer?

@Alexander Lang I work with Bell too, I'm all approved to purchase with both a conventional loan and I've got a co that will do hard money if I want it, which would be much less out of pocket.

So to solve this problem I talked my mom into being a co-borrower and proceeded with the application process.

Today, I wàs asked by a co- worker if I would be interested to join a group to purchase an apartment building that needs some work.

I'm in the process of purchasing an investment property individually, my wife is not a co-applicant for the loan.

But now that we are married, and I am refinancing, The state of Michigan requires a non-borrowing spouse to sign paperwork and be listed as a co-owner of the home.