How To Buy Second House And Rent First May 2026

You can use a Home Equity Loan or HELOC to tap into your first home’s equity for the new down payment.

You have several options to fund your new purchase, often leveraging the equity in your current home. how to buy second house and rent first

Lenders typically prefer a DTI ratio below 43%, including the new mortgage. Some may require a credit score of at least 640 for a second home. You can use a Home Equity Loan or