House refinancingSite map

Whats the best way to buy a house if?

Bruno
I have a house that has $300k in equity. I am looking to upgrade and buy another house, and rent out the first one. I am looking for a way to buy this new house without refinancing my house, nor sell it, nor take out a second, nor open a credit line. Can this be done?

Delora
try for a Contract for Deed

Lina
Have fun with that...rent it out but if u do then people aren't really go with the house when u rent it

Gema
Yes, you can leave this house alone and qualify for a new loan for your new house. I personally have two rentals and didn't pull money from them to buy my third home.If you're in California, I can answer any loan questions you might have and give you advice to achieve your goals. If you're in Southern California, I can even help you find a home and find you renters as well as manage your rental. Let me know if I can be of any assistance.Regards

Gaynelle
Sure - just write the vendor a cheque.