Second Home as a Primary

[Katie Phillips]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $580,000
Cash invested: $30,000

I purchased my second home as a primary, so I only had to put down 5%. I am renting out 2 of 4 bedrooms at $925 each to help pay the mortgage.

[Katie Phillips]

@Chris Seveney 

If you are unfamiliar with house hacking, I could see how you could read it that way, but I live in this home, which is why it is a primary. That is also why I am only renting out 2 of 4 bedrooms. As an agent and investor, I am fully aware of the requirements and conditions of getting a loan, and I would never commit mortgage fraud. Thanks for looking out, but no need to worry :)