There's just so many roadblocks with these kinds of loans and if there's any other option the others are usually much more straightforward and not headache inducing.

Second homes are considered "owner occupied".Mortgage fraud is basically "any material representation that would induce a lender to give you a loan under certain terms when they otherwise would not".Telling them it's second home when you actually intend to rent it out as an investment property is a material representation. 

Where do you see KC in the next 10 years, with or without a COVID induced recession? 

Los Angeles County’s jobs report for December showed a continued bounce back from spring’s pandemic-induced lockdown, along with a dose of seasonal hiring.

Homes are selling higher than asking price because the listing agents intentionally listed under fair market value to start with to generate interest and induce bidding wars.

The event induced recession does not compare to the systemic financial distress of the Great Recession. 

I play a long-term game so these sheep driven stampedes are often solid openings for me.Just a note of caution, many a $ has been lost because of a lack of patience inducing folks to buy into the latest hype du jour at massively inflated prices.

I'm sure many of you can remember the Global Financial Crisis that occurred between 2007 and 2009 due to the government’s encouragement of broad homeownership induced banks to lower their rates and lending requirements,5 which spurred a home-buying frenzy that drove the median sales price of homes up by 55 percent from 2000 to 2007.BAs a result, Banks were handing out loans like candy to anyone and everyone, combined with the explosion of the United States run-up in housing prices fueled by demand, speculation, and exuberant spending to the point of collapse.This crisis damaged financial institutions globally which led to a loss of more than $2 Trillion from the global economy! 

PHL Home Prices Surge Amid PandemicHome prices surged by a record 27% in the second quarter, driven by strong demand for high-end residential projects and an uptick in costs amid the pandemic-induced lockdown, central bank of The Philippines said.Read more here: https://www.bworldonline.com/p...The fundamental reasons for such a bullish outlook for the real estate sector are the young and growing population, the transition of the Philippines from a low-middle income economy to a high-middle income one, and the expansion of economic activities away from the National Capital Region to other alternative metropolitan areas that even before the pandemic had already been growing faster in terms of gross regional product than Metro Manila.

Take advantage of this, it is being handled by BakerRipley2) Induce them to vacate.