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Updated over 10 years ago,
Any issue with getting mortgage for second home and then renting it out?
I am considering a purchase of a second home that I will probably want to rent out for a couple of year's until I am ready to move to the new location. Since interest rates are higher if I go in calling it an investment property rather than a second home, is there an issue if I do call it a second home and then decide to rent for the two years?