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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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Gerard Charles's profile image
Gerard Charles's profile image
Gerard Charles
  • Rental Property Investor
  • from Austin, TX
  • Member since Aug 8, 2011
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Gerard Charles's profile image
Gerard Charles's profile image
Gerard Charles
  • Rental Property Investor
  • from Austin, TX
  • Member since Aug 8, 2011
Connect
Gerard Charles
  • Rental Property Investor
  • Austin, TX
5
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30
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Mortgage Brokers & Lenders

Primary resident

Gerard Charles
  • Rental Property Investor
  • Austin, TX
Posted Aug 22 2013, 17:44

Gerard Charles:

I am currently building my duplex in Brownsville, TX. I applied with Academy Mortgage Corporation. I got approved. I intend to live in one and rent the other, but since I live 60 miles away, I don't qualify to be consider as a primary resident due to the fact that I told them that I was going live there but doesn't mean I will stop renting where I work. Are all the mortgage co. the same? I intend to live there on weekends. My family lives there and I can afford it.

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