LSUGUMBO New Orleans Saints Fan Shreveport, LA Member since Sep 2005 4435 posts
re: 2nd Home purchase (Posted on 10/3/12 at 6:29 am to GVT)
If the bank will approve you for the second loan before the first is paid off, then sure. Can you afford both notes if something happens and the first one doesn't sell? That's probably the biggest issue if you get approved for both.