in texas, is a 2nd home considered an investment property? It would be used as a 2nd home.

Asked by Ginger, Madison al 35757 Sat Jul 11, 2009

we were told it would be and we would need to hv 3 months of both homes pmts in the bank and the interest rate would be higher. is this true?

Help the community by answering this question:

+ web reference
Web reference:


Dallas Texas’ answer
Dallas Texas, Agent, Dallas, TN
Mon Sep 7, 2009
Are you going to reside in this 2nd home? Where is your primary home. Many questions need answered prior to determine your best interest.

I am a Dallas realtor and loan officer “one stop shop for all your real estate services”

Lynn A. Crosby ~ National Featured Realtor
Follow me on Twitter:
"...Specializing in Residential, Commercial Properties and Loans..."
Dallas Realtor, and Credit Repair Consultant -
The Michael Group - "Dallas Business Journal 07’ & 08' list top realtors"
Dallas Loan Officer -
Dallas Real Estate Website: 60,000 listings Dallas homes for sale
0 votes
Tommy Burris, Mortgage Broker Or Lender, Baton Rouge, LA
Sat Jul 11, 2009
2nd home would NOT be considered investment.....
Unless the lender doesn't believe you.
0 votes
Search Advice
Ask our community a question
Home Buying in Richardson Zip Codes

Email me when…

Learn more