Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

70
Posts
7
Votes
Bryan Tasumi
  • Hayward, CA
7
Votes |
70
Posts

Can you buy a house in another state and stay in your old house?

Bryan Tasumi
  • Hayward, CA
Posted

Can you buy a house in another state and stay in your family's house for the time being (until after you qualify for a mortgage)? 

I am asking this because I do not have a job lined up in Texas (where I am planning to buy my first home) and do not know if I can qualify for a mortgage unless I find a job there. I need to move very soon. I am planning to do this to qualify for a mortgage. I do not pay rent at my current relative's house and can stay here for as long as I like while I keep working at my current job. Will I qualify for a conventional house loan this way? Will there be any restrictions or negatives doing this or is this not possible? 

Thank you.

Most Popular Reply

User Stats

617
Posts
456
Votes
Karen O.
  • NYC, NY
456
Votes |
617
Posts
Karen O.
  • NYC, NY
Replied

Talk to a few lenders.  Tell them what you're planning and see what they say about your plan to move when you have a job.

Loading replies...