Owner Occupied Loan with Co-ownership?
So my question is, if I purchase a home With an FHA loan and I have a Co-owner do we both have to live there due to it being owner occupied? Or can we arrange it so that only one of us lives in the home? I'd like to purchase a home out of state and was hoping to find a loophole to get it cheaper. If needed my wife can live in the house if marriage plays a factor?