That should answer a lot of your questions, but in regards to getting in trouble for not living there for a year....The servicer would have the burden of proof to prove that you planned on committing mortgage fraud prior to origination.

However, if you are not a savvy real estate investor, it could easily lead to a bad investment decision or leave you vulnerable to fraud.

In our experiences lots of vacancies at the same time aren't the best situation and you might want to think about if you want to push apartments to be vacant in the winter.If they say the rent is less that would be fraud by the current owner who would be claiming higher rents. 

I would NOT use it to write blog posts or other content that you attach your name to- as the tech around chatGPT evolves it will become easier to spot AI-generated content, and the best way to kill your reputation is to be seen as a fraud. 

That lawsuit is a claim for fraud, and that’s what fraud typically is...a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.

http://www.ripoffreport.com/r/Robyn-Thompson-Real-Estate/nationwide/Robyn-Thompson-Real-Estate-Guru-steals-money-internet-Nationwide-919779 http://www.ripoffreport.com/r/Robyn-Thompson-Sadim-Homebuyers/nationwide/Robyn-Thompson-Sadim-Homebuyers-stealing-lying-cheating-deceptive-fraud-poor-info-223808 This one is particularly interesting... http://www.ripoffreport.com/r/Monster-Rentals/internet/Monster-Rentals-Robyn-Thompson-vacanciesbyrobyngmailcom-My-studio-is-being-advertised-999383

Otherwise its fraud, it is no different then renting from a landlord as there is no financial institution involved but you still put it down.If in doubt ask the loan officer and they can advise you how it needs to be filled out.

Hi David,I was going to create a thread almost identical to this one but decided to do a search first, and found this one.Were you able to find any PMs in Spartanburg/Greenville?

Committing mortgage fraud (like your broker is suggesting) is generally not a good idea

@Gordon Vaughn the fact that you're talking about average depreciation in regards to SW Atlanta shows that you really aren't very familiar with the area. 30310 was number 1 for mortgage fraud in the whole U.S. in the 2000's.