Getting a second loan for another Primary Residence Loan

[Steven Rogers]

I'm considering getting a conventional loan on a multi-plex property, with putting 25% down and having it marked as a primary residence loan.

I am planning to possibly buy a nicer single family house for me to live in in a few months, and thus may not occupy the first property for a year.

Should I expect an issues getting the second loan for the property I'll permanently occupy? I've been told that providing a 'letter of explanation' to whomever provides the second mortgage is all I'd need to do. I'd just state that I wanted to live in something nicer. I've heard this is simple and is somewhat common.

Does anyone have any experience doing this, and/or any suggestions/comments?

Thanks!