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All Forum Posts by: Charles Comstock

Charles Comstock has started 1 posts and replied 2 times.

Post: How to buy Second home

Charles ComstockPosted
  • Posts 2
  • Votes 0

I appreciate both of your insights. @Account Closed would a traditional mortgage company be willing to use potential rent estimates from the vacating property to be considered as income? 

I owe about 95k Property value is about 120k so there's not much wiggle room. 

Post: How to buy Second home

Charles ComstockPosted
  • Posts 2
  • Votes 0

Kinda stuck with owning first condo, and now I’m looking to rent out my condo but I need somewhere to live and I’m curious on how I’m going to get another mortgage. I used conventional live in loan at 3% so I think that hinders my ability to use fha in the future but not sure.