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I did not really see the right forum for this question, but I thought some of the lending pros here would know the answer easy. If one is currently renting and desires to buy a "second" home, that will not be the principal residence (say a Big Bear cabin for instance), what is that purchase...

I'm a long time lurker here and I have a question that is going to sound nosy, but it really is genuine interest ... I see many people in these forums talking about buying this or that house at a given price, even at what I consider very high dollar values. <strong>My question is...