Countries that actually refer to themselves in some way as social democracies or democratic socialist nations in their respective constitutions include Bangladesh, India, North Korea, Portugal, Sri Lanka and Tanzania.
Second Home. To qualify as a second home, the property typically must be at least 50 miles from the primary residence, and it cannot appear that the real estate is being purchased for rental investment purposes. Investment Property. A property that is not occupied by the owner and is typically utilized for rental income purposes.
Buying two houses at the same time using separate mortgages is usually done by property investors rather than traditional homebuyers. If you're looking for two houses and need a mortgage for each, lenders generally require you to treat at least one of them as an investment property.uying, Then Selling. It's possible to have two mortgages for two different primary residences while transitioning from the ownership of one home to another. In this case, you have two mortgages because one of the residences is being sold or turned into rental property.