Co-borrowing with a Conventional Loan Already
Hello everyone! Context: I am co-borrowing with my brother. We bought a duplex in Reading, PA, with the intention to house hack it. We got this house through a conventional loan because my brother already owns his own duplex and house hacks it, too. My brother will be the primary occupant of the second duplex. I live in NYC. Now, I would like to buy my own single-family home, move to PA and start house hacking as well. Question: Do I qualify for an FHA loan even though I already co-own with my brother under a conventional loan? Your knowledge and wisdom will be greatly appreciated :-) Jimmy