Borrow against the equity in your current home to provide the down payment for the second.
If your income is high enough, you can simply apply for a second mortgage while keeping the first. 3. Choose Your Transition Path i own a house and want to buy another
There are several ways to fund your second purchase without necessarily having the cash on hand: Borrow against the equity in your current home
Lenders generally look for a DTI ratio below 43% , including both mortgage payments. i own a house and want to buy another
Short-term loans designed to "bridge" the gap between buying a new home and selling your old one.