Questions on FHA loan

[Jordan Spohn]

Me and my partner are starting out with low incomes every month. Our first plan is to occupy a duplex or triplex with an FHA loan and get monthly income from the other tenants. Is it possible for us to get a combined FHA loan? Because I was looking at the FHA guidelines and I'm not too sure if one of us would qualify by ourselves.

[John Jackson]

Years ago, you could do all kinds of stuff....1 persons mid score, another's income...all kinds of stuff.
Now, with good reason, you can't combine income unless your married.
The risk is tremendously higher to the lender if say..."a couple of sorority girls" wanted to buy a house together..what happens after a cat fight and one of them leaves?
Someone may be able to provide some other options here on the board though.