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re: Home Buying Scenario while renting current house

Posted on 6/21/12 at 8:24 am to nrtiger
Posted by reb13
Member since May 2010
10905 posts
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Posted on 6/21/12 at 8:24 am to nrtiger
So you are saying remortgage your house for the full amount and then use that money to buy another home?
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Posted by nrtiger
Paradise
Member since Nov 2003
1337 posts
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Posted on 6/21/12 at 8:37 am to reb13
No I want to pull the equity out of my current house, about $115,000 and put it towards a down payment on a new home. I would then rent my current house.
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