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Real Estate
Reply to "Can you buy a house and then rent it out?"
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[quote=Anonymous]I'm currently renting a pretty nice and relatively newer house but have the cash to buy a smaller and older house (also need to borrow some to do it). I want to continue to live in the current rental while renting our the newly purchased house for cash flow. The question is, if I borrowed the loan at the primary residential rate, would the lender figure out later when I rent the house out? [/quote]
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