Tax, SDIRAs & Cost Segregation
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 4 years ago,
Owner occupy potentially under 1 year, mortgage fraud?
Hi all,
I'm presently living in CA, considering buying in TX to work remote, and house hack. Only way I can make it work is if I put 5-10% down, which I know you can only do if it's your primary residence. Question is, if I get called back to the office/CA before year 1 of occupancy (which is highly likely) am I in danger of mortgage fraud?
Thanks a million!