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Old 04-10-2012, 11:24 AM
 
Location: 78250
952 posts, read 2,633,987 times
Reputation: 382

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In the state of TX. Lets use the scenario of partner A and parter B who are married.

Partner A and partner B are both currently renting.

1. If partner A is on the mortgage because of their credit score, can they in future add Partner B to the mortgage?

2. If partner A is soley on the mortgage and divorces from partner B, who will be responsible for paying the remainder of the mortgage loan?

3. under an FHA loan, are you allowed to rent out your home to tenants? after living in the house for quite some time? is there a minimum? OR under FHA rules, the homeowner is NOT allowed ever to rent out their home???

4. when renting a house managed by a property management, are tenants allowed to know what the previous renters were paying for their rent each month??


5. when renting out your home to tenants, and there are other current rental properties in the same neighborhood going for $1000 a month, do you have to match that? what if you advertised for it to rent for $800 so you can settle with tenants to rent your house?


thank you for your time.
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