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How should I go about financing a second rental property?
When applying for loans should I indicate that I plan on using this as my primary residence or apply as a rental? I know what I should do, but I want to know what the common practice is. A mortgage broker friend told me I would be stupid to get a loan as a rental property and to say it was my primary.
If you apply for a loan under the pretense that it will be your home and you actually use it as a rental property, it's fraud! And you could go to jail. It's a federal offense. That loan officer should be hung out to dry!
Rental Property Mortgage Financing
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Real Estate Investing For Dummies, 2nd Edition $12.33 Real Estate Investing For Dummies, 2nd Edition, is completely revised and updated to help you overcome the challenges and and take advantage of the opportunities in any real estate environment, including a down market. But Eric Tyson and Robert Griswold's core message remains as relevant today as it did upon the initial publication of Real Estate Investing For Dummies -- investing in real estate i... |
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Investing in Apartment Buildings: Create a Reliable Stream of Income and Build Long-Term Wealth $12.24 “Matthew's newest book, Investing in Apartment Buildings, couldn't have come at a more poignant time in our lives. He offers a modern day, step-by-step survival guide for the ever growing economic war on the middle-class. Win your own financial war by arming yourself with Matthew's systematic, hands-on experience and sound principals for investing in apartment buildings.” --Ryan Zahoruiko, ... |
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NYC is drowning in 'underwater' loans.: An article from: Real Estate Weekly $9.95 This digital document is an article from Real Estate Weekly, published by Hagedorn Publication on April 29, 2009. The length of the article is 686 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: NYC is drowning in 'underwater' loan... |
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Quicken Rental Property Manager 2011 - [Old Version] $59.96 Quicken Rental Property Manager 2011 includes all of the features found in Quicken Home & Business, plus smart tools for managing your rental properties. Always know how your home-based business is doing. Helps maximize deductions and simplify your taxes. Manage Your Personal, Business, and Rental Property Finances in One Place Organizes Your Finances All in One Plac... |
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