First time posting here. I have a question on financing a multi-family (duplex) with a partner, in which the partner will be living in one side. Can we still use a FHA loan if only he is living in the property and not myself?
Are there better ways to structure the loan/deal that does not require us to put 20% down? Side note: it would be a first time home purchase for both of us.
Thank you for any help!
Sounds like a great question for the lender that you worked with to get prequalified for the loan. You have got prequalified, right?