First time Home buyers credit
I've searched the net, and tons of post here on BP, but havent seen anything related to the way the house was purchased. Im looking to purchase a house for myself, currently renting, and claim my first time home buyers credit. I will be financing this property with a commercial loan, and will be also financing several other rentals i have on one note. The rentals I already own, and have a loan on, but will be putting them all on one note. I dont see any problems this could cause, but want to make sure im right on this as well. Also, I have bought several rental properties over the past few years, I want to make sure that these would not cause a problem when I went to claim my credit. These were bought as rentals, but at the same time I dont see a way of proving they were bought for that reason.
From what I understand all I really need is a Hud-1 form when I go to claim this credit, does this sound correct!?
Thanks!