Will I be eligible for financing?

[Ned Micic]

Hi, I currently own a house in northern NJ that I plan to rent within the next month. I want to rent my current home and get a mortgage to buy an investment property in a near by town. I currently have no debt beside the mortgage on my home. I have an excellent credit score and decent salary. Will it be a problem for me to get a mortgage to buy my next property? The home was purchased Oct 2015 Will the bank take into consideration that I will have my current home rented out? I found a tenant that is interested in a 5 year lease! Would it help to present the mortgage company with the 5 year lease?