Refinancing and adding another mortgage (loan, loan, property, equity)

[emirate25]

I want to refinance my current house into a conventional loan so I can have the FHA loan on another a house.

If I don't take out any new debt other than just refinance my house, will it affect to get the second property? This second property that I am trying to get will be my main house.

Thanks for your help.

[VictorBurek]

when you refinance the current home, you are stating that you intend to occupy this property as your primary residence unless you refinance it as an investment property which will require that you have 25% equity in the property.

[FalconheadWest]

Yes, you're walking a thin line if you refinance stating you're going to occupy, but immediately move out...

If you move to another area, it could be an "unexpected" relocation. But if you move within your general area, questions might be asked and mortgage fraud terms might be thrown around...