[Chris2323]

I currently own a two family (we live in), and would like to keep it to rent, and buy a single family home to be our primary residence. We can't get approved to do that because we don't have 30% equity yet. One of the apartments has been rented for 3 years now, and we have been living in the other. They won't count the rental income without 30% equity and we need the rental income to qualify for another mortgage. My question is this, Can we move out of here and rent a place to live, and then rent out our whole two family, to show that we have it fully rented and can cover our own cost of living? Would that then allow us to be approved for another mortgage?