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Updated almost 4 years ago on . Most recent reply

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Joseph Dodds
  • Member since May 14, 2019
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Joseph Dodds's profile image
Joseph Dodds's profile image
Joseph Dodds
  • Member since May 14, 2019
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Joseph Dodds
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Starting Out

Buying a new home and using my old home as a rental.

Joseph Dodds
Posted

I am looking to purchase a new home using the equity in my current home as a down payment. I want to then rent out my old home once I close on my new home. Most lenders think im crazy. I have over 150K in equity that I could use. I am wondering if there is a way to look for a lender that has done this before? Looking for advice of any kind right now. 

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