A lady I recently started working for, she owns about 5 rentals and her contractor husband died about a year ago (age 54

), was telling me today that she's going to try to fake living in one of her rentals so she can get a better rate on a re-finance.
Anybody know how risky that is? I mean you would think they'd investigate at least a bit, they're losing money on the deal, although she'll be going to a bank where she's a complete unknown, so if it's a new deal, that bank won't be losing anything as they had nothing previously anyway.
Too bad this lady's not a babe, she seems to like me plenty and that property . . . . . oh man . . .