Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago on . Most recent reply

1st Time Home Buyer or 1st Time Investment Property ?
Preamble:
My girlfriend and I are currently living together in our first house hack and we're looking into what our next step in real estate investing should be. She's never bought a primary home for herself so, she's eligible for the 1st Time Home Buyer incentives.
The Question:
If my girl buys her first investment property can she use the 1st Time Home Buyers program on it and if not, can she still use the 1st Time Home Buyers Program for her first personal home purchase after she buys the investment property?
Most Popular Reply

@Mark Belenky congrats. It is my understanding though, that the only way she would be able to use those incentives would be if she lived in it for at least one year. Moving out prior to 1 year, or not moving in at all could be construed as mortgage fraud so be careful with that. Good luck!