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.

This tenant has a co signer so that makes me feel less concerned about taking them on. 

For example, if you rent to a student, they probably don't have any income or credit score so you would need a co-signer.

I actually invest in multifamily in Hagerstown, and I and starting a co-working space for entrepreneurs downtown as well.

The use of funds also matters, I can loan a co-op money to buy machinery, capital  assets, but lending to them as discretionary funds simply to raise capital becomes a bonding issue. 

If the seller defaults on the loan, exercise your option and buy him or her out.Find a Co-BorrowerEven credit-poor individuals can secure bank financing by finding a co-borrower with good credit.

Under FHA rules (as I understand them), the dog has to be allowed with no extra "pet rent" or deposit.Here's the twist -- the house is owner-occupied by my college son, who is a co-owner along with me. 

PS I think most the people telling you to do this are just thinking you are getting downpayment assistance, not a co-signer.  

Hello,I am asking this question for a co-worker.

The agent omits the fact that is ONLY if it is a listed property that offers a co-broker commission.