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re: Buying a new home but still have to sell current house

Posted on 4/5/18 at 6:59 am to
Posted by SouthOfSouth
Baton Rouge
Member since Jun 2008
43463 posts
Posted on 4/5/18 at 6:59 am to
I recently bought a new home without selling the home I was living in. I'm currently now renting my previous house.

I did not need the equity in my other house to pay for my new one so it wasn't a problem. If you can put 20% down without hte equity of the old house you could always do that then pay down the principal when you sell the house.
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