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04-21-2009, 10:48 AM #1
Renter
- Join Date
- Apr 2009
- Posts
- 1
Investment Property
I am planning to buy a condo ...I am doubtful that I will be able to occupy it in near future so I might have to rent it out for now. I am taking the loan and it seems the rates for primary residence is different from investment property. If I take the loan showing the house as a primary residence and rent it out till the time I move to this house (1-2 yrs) ..... will I face any issues by mortgage companies if yes what would be the max that could happen in this case.
Appreciate a quick reply ...
Thanks



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