Can I close on 2nd primary inside of a year?

[Adam Dordea]

Can I purchase and close one a new primary to hack less than a year after purchasing?

Current loan states it must be primary for 1 year. New loan gives me 60 days to move in.

50 days after closing would be my 1 year and would have renovation mostly finished to move into new. 

All good and not mortage fraud.... right?

Sorry a newbie here.