Rent our current house?

[Meredith Dove]

Hi all,

We bought our house last spring and it is on a busy road and too small for our family of 4 (both drive me nuts). I would really like to move out when we have owned it for 1 year and buy a bigger house. My thought was we could rent this one out as a single family (4 br, 2 ba). How could we get a loan to buy another property in this situation? And how can I determine if it makes sense to rent (or sell) our current home? Thanks so much!