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Old 07-15-2010, 01:15 AM
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Join Date: Jul 2010
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Default If I rent my condo, will I be able to get a new...
...mortgage on a house? My wife and I are moving from Reno to Houston. The housing market is dead in Reno, so I would like to rent our condo in Reno for a couple of years, and buy a house when we move to Houston in a few months. Essentially, I will have two mortgages, even though one will be more or less covered by the rental income. How will lenders feel about giving us a mortgage on a house in Houston? My credit score is excellent, if that makes a difference. Thanks.
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