Financing a Home with a Partner
Good day all!
I have a question in the best way to go about purchasing a home with a partner.
Quick Background:
Bob - would be 2nd home
Tom- would be his 1st home (willing to live in home as primary)
What would be some recommendations in terms of finding a loan?
-Should Bob and Tom both get a loan together?
-Since it's Tom's first home could he just put the loan under his name to acquire a FHA loan and then just put the title under both Bob and Tom?
Thanks!
-Jared