I just received a question by email from one of the faithful 25
Q: If I buy a second home and move into it, and rent the old home, would that be fraud too?
A: Probably not. You would want to consider how long you had the first home’s mortgage and what you told that lender. It is your intent in that loan that will be important. Usually, if you had that mortgage 6 months, your intent to live in it as your primary residence would be probable.
Good Question.
Lar
