Investing in Shares & Property

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Get a second home that I live within 5 / 6 months with a low interest loan.?

I am a RE investor in training. And gave me I suppose a property to live in my house as principal. I'll rent the other rooms to generate cash flow. However, I would buy another property to generate increased cash flow. But I want to get a low rate loan if possible. Can I get a second loan without having to get an investment loan high interest? I had a couple people tell me that in about 5-6 months I can write a letter to my lender and tell those who do not like to live there anymore for some reason ie, the location of hate, do not like the neighbors, etc. and I want to buy a second home and live there. That way I can go out and get another loan with a low rate and have that as a new director of my property, while keeping the first house for rent for cash flow. These guys already has 6 home and tells me it's like has been doing. Is this legal? If not, why so many of these investors to get offers from many in so little time?

Jumping is bad. It is possible that BUT has gotten away with most banks you look out in full. If you have a mortgage on your credit report open the bank will find that the house is (which lives there ect.). The idea of the letter will not work. The guy who is saying he has six home is lying .. 6 come home and the bank has not caught on. is not legal is called fraud. Investors get so so different offers in a short time at home because all their investments (the bank) to look at is the roll of rental. Most banks have a 5-75 success in the tariff. One way to avoid this is to buy a beat. The guy who has 6 house may not have carefully read the HUD and bought-by rate.If you have any questions please email me them and I will be happy to assist. Johng@oldmerchants.com

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