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Updated almost 17 years ago on . Most recent reply

User Stats

297
Posts
5
Votes
Travis Elliott
  • Real Estate Investor
  • Cebu, Philippines
5
Votes |
297
Posts

QUESTION ABOUT BUYING A OWNER OCCUPIED THEN BUYING ANOTHER O

Travis Elliott
  • Real Estate Investor
  • Cebu, Philippines
Posted

Then buying another one and saying that you are going to live in it. What kind of trouble can you get in doing this?

I am buying 2 houses one will be owner occupied and one will not. Next I would like to buy a third house from a second bank and tell them that I will live in it in order to get a better rate and less down. Is this trouble? will they ever know?

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