Qualifying for larger property mortgage

[Bill Ward]

I have one rental I could pull roughly $70k out of. One thing I'm not sure how works is if I pulled that out (or sold it) and the next step is to buy more property using that as a down payment, so buying a $300k ish property (60k as 20% down)...how does that work when you don't make a lot of income. I know I couldn't qualify or even attempt to make the payments on my own house and on a second house of even higher value. Single person making $50k a year. Do they figure in the qualifications differently when it's an investment property, assuming you'll receive rental income for it, or am I just not making enough money to upgrade?

Not looking to do this right now just curious.
Thanks,

Bill