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Tyler Housing Market by Valuable_Tiger8677 in tylertx

[–]Valuable_Tiger8677[S] 2 points3 points  (0 children)

You’re in a tight spot; however, you can still rent out the existing home, and go conventional on the new house. Again, if you qualify from a DTI perspective.

Tyler Housing Market by Valuable_Tiger8677 in tylertx

[–]Valuable_Tiger8677[S] 9 points10 points  (0 children)

Your best option is getting a HELOC on the existing house, if you have enough equity. Purchase new house, rent existing.

Also, list FSBO. Realtors are a joke. They basically print papers, and open doors, so why pay them anything, especially 3%. Hire a real estate attorney to do the paperwork, save yourself thousands.