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Greetings.
I would like to know, regarding the third home 70% margin rule, does it only apply to buyers with 2 existing properties and looking to buy third one at 70% margin?
If I have bought 2 properties before, and recently sell off one of it, left with 1 existing property. Does the next property go with only 70% loan margin or go as 2nd home 90%?
Thank you!
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