Mortgage new property sell old property while starting business
We are trying to buy a condo to live in/ renovate and eventually rent out. While selling our existing home. Our existing home has about $80,000.xx equity. I was laid off of work last year and decided to start my own business as an independant rep in my field.Sofar so good.
Any suggestions as to how do I get the bank/mortgage lender to look at us selling our existing home while funding the new condo? Equity line of credit? Home Equity loan? I'll need a mortgage on the new home. Your thoughts are greatly appreciated.