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Updated about 4 years ago,
Utilizing Second Home Mortgage for STR's
I am engaged to be married, and my fiancé and I have talked about buying a second home with the 10% down and run it as a STR. My question is, if I were to purchase a second home with the 10% down in my own name prior to getting married, would we be able to qualify for another 10% down second home mortgage once married?
I personally would like to purchase somewhere in TN, probably the Gatlinburg/PF area; while my fiancé would like to own around the Corpus Christi area. Maybe this could allow us to do both?