Does any one have experience working owner occupant offers with a parent as a co-owner paying cash?
Son would be primary resident. Dad would be paying cash.
I’ll check with the listing agent to see if they know but I know our team is smarter than the average HUD listing agent.
A: For FHA loans, HUD would allow a non-owner occupant co-signer on the loan. If both are going to be on title, I wouldn’t think they’d have an issue with it. Does Dad have to be on the PA or could he just record a mortgage against the property?