Primary residence loan with tenants in place. Help !!

[Sooyeon Kim]

Dear experts, I'm buying a condo with tenants living there. I am buying it as an investment property but looking to get a loan as a primary residence. Now the hold up is during attorney review and appraisal process. I'm wondering if the seller can claim it as vacant and close the deal, and the tenants and I can sign a new rental contract later. Or is there any other way to complete this transaction? Anything i should be worried about ? I would really appreciate your insight and experience. Thanks !!

[Shaun Weekes]

@Sooyeon Kim

If you're buying this home with the intention of renting it then do a loan for an investment property.  Don't do it as a primary if you have no intention of living there.  It's mortgage fraud and it's not worth it.