I currently have an SFR that I purchased using an FHA and currently renting out the spare rooms.
My Girlfriend/Domestic Partner wants to do the same and I plan on helping her by gifting her some of the funds
So my questions are
If I co sign for her would she get preapproved for a larger loan?
If I already have an FHA, can I still buy with an FHA under her name?
What precautions should I take?
Has anyone done anything similar?
Free eBook from BiggerPockets!
Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!
- Actionable advice for getting started,
- Discover the 10 Most Lucrative Real Estate Niches,
- Learn how to get started with or without money,
- Explore Real-Life Strategies for Building Wealth,
- And a LOT more.
Sign up below to download the eBook for FREE today!
We hate spam just as much as you