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Updated about 5 years ago on . Most recent reply

User Stats

4
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0
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Han Lai
  • Rental Property Investor
  • Houston, TX
0
Votes |
4
Posts

Is it primary residence or rental property?

Han Lai
  • Rental Property Investor
  • Houston, TX
Posted

Hi everyone, I'm new to real estate investment and looking for my first rental property deal. My lender told me that he can classify my rental property as primary residence because it will be my first owned home. It will give me lower mortgage rate, but sounds a little risky to me. I'm wondering if anyone can give me some advice on it? Thank you so much!

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