I am not an expert to state whether this was right or wrong, this is 100% happened in my case. The mortgage rate for "investment property" was higher and I specifically asked my real estate agent and the mortgage agent if there is any chance to treat that property as 2nd home. I quickly Googled this and found "To qualify as a second home, the property must also be far enough away. Generally, lenders will only consider a property as a second home if it is at least 50 miles away from your primary residence." I may have gotten the number of miles wrong, but they told me there is no way to treat that property other than "investment property". Well, the number of miles etc. is not the point, the point is that 2nd property from the beginning is normally considered for investment/business purpose.
