Would there be any draw backs to making our first property a “second home” and use it for short term rentals so we can stay there some times to qualify as a secondary home? I hate that I need at least 20% for an investment property since we don’t have that and it won’t be for a while, and we could get in with 10% down

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You can do that on your nice house you move to - call it primary. You will pay PMI.

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