How to get a second mortgage while my FHA loan is still active ?
I currently have a FHA loan on my primary residence that I live in. I've lived here for about 13 months consecutively. My monthly mortgage payment is $1200 a month and I will be renting for about $1675 a month. I want to purchase another home. Would my rent payment help with my debt to income ratio? I want to purchase another home. What loans or options would I have for the second home purchase ?
Thanks in advance for all the advice!