<prompt> Human: Hi Reddit,My husband and I recently got married and were looking to buy a two family home in a busy college town. We would live in the larger unit while leasing out the one-bedroom to cover about 50 of the mortgage. We both have good credit 720 and 750, but do not qualify for a conventional loan because Im a student and not earning income postbac pre-med, and my husband is a fourth-year resident about to enter fellowship. He is the sole income earner, has about 30,000 in retirement savings and 230,000 in student loans. However, I am debt free and have 380,000 in investments which return about 10 annually. My understanding is that mortgage companies calculate an applicants risk of defaulting based on their debt-to-income ratio. Since my income is zero I dont qualify for a conventional loan, and because my husbands debt is so high relative to his current resident salary he doesnt qualify either. Weve been offered a FHA loan but that sounds like complete shit when it comes to the PMI. Weve looked into a physicians mortgage but they dont seem to really help our particular situation since they are designed to allow soon-to-be-doctors with high earning potential to buy a house with little to no money down in exchange for a slightly higher interest rate. Since we have plenty of cash, we really want to minimize our interest rate and other monthly expenses, such as the PMI for FHA loans and arent worried about the amount of money we need to put down. Weve even considered paying cash for a home, but I dont want to put all of my money into a single piece of real estate.Due to these circumstances, would it be a good decision to completely pay off my husbands student loans so that we can qualify for a conventional mortgage? Doing so would leave me with enough money for the down payment with about 70,000 left over.Thank you in advance for your advice!  <response>: my husband is a fourth-year resident about to enter fellowshipSo hes doing extremely well for himself and will be able to pay off his student loans with ease. There is no rational reason to even bring up having you pay them off. If he were planning to be a dependent house husband and you wanted that, that might make sense but he is planning to work as a doctor. Therefore this would in essence be a 230K gift to your doctor husband, which you would have no claim on in the event of a future divorce. It is excessive, makes no sense, and is not worth talking about.I am debt free and have 380,000 in investments which return about 10 annually.What do you mean returns about 10 annually? What kind investments are these?At any rate, if you really think that buying real estate is a good idea, you can take out a loan against that portfolio, or just cash it out and pay all or a high percentage of the price cash.Whether buying is a good idea depends on how likely you are to stay in that area you are in now, and the liquidity in that area, among many other things. It does not seem like a good idea based on a superficial reading, but more details would be required to make that judgment.As to whether you should hand your husband a six figure gift, that answer is obvious.A fair number of comments in this forum are thinly disguised boasting. They usually take the format I am a highly paid professional or studying to be one, and I also have a pile of money, please tell me what to do with it. These comments may be appropriate for rinvesting. They arent personal finance questions, and the OPs know that.Should I give my new husband, who is a doctor, 230,000 as a gift? is a personalrelationship question, with a rather obvious answer. I bothered to answer here to give that answer. Potential personal mistakes with money do come up here. They are better dealt with in a therapists office or, as a very poor substitute, a reddit sub about personal issues, but they do come up here and often the correct advice is given.I have 380K in a portfolio and I am wondering about a real estate investment is a relatively high level investing question and nowhere near enough information is provided here. 