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From what I've read so far it seems that all of the beneficial programs for first time home buyers ('09 FTHB Tax Credit, State FTHB programs, Flexible Mortgage Terms, etc...) contain clauses that exclude persons purchasing their first house for use as a rental. If this is so, are there any programs available for the first time home buyer who doesn't plan to reside in said home?

*Cross posted in Buying/Selling A Home*
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are there any programs available for the first time home buyer who doesn't plan to reside in said home?

No. Keep in mind that "house" does not mean the same thing as "home".

Generally, when you see "home", you need to think "principal residence", that is, the main place where you will live.

The good news is that buying a rental property would not disqualify you from most of the first time home buyer incentives.

--Peter
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The good news is that buying a rental property would not disqualify you from most of the first time home buyer incentives.

Care to elaborate and better my mood about not being eligible for thousands of interest free dollars?
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Care to elaborate

Sure.

If you choose to buy another house to live in, you would still qualify as a first time home-buyer. So you haven't lost the incentives, you just haven't purchased a qualifying home yet.

--Peter
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How the obvious is so easily overlooked. Thanks!
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