May I piggy back on this?
I have a house in Richmond that I'm keeping. I only owe about $70k on it. After a down payment our new house will have about a $100k mortgage. We can definitely afford both payments and will rent out the Richmond house. Will the bank be more dickish about the mortgage on the second house and rape me with high interest? My credit rating is on the high end of good but is not excellent.
I have a house in Richmond that I'm keeping. I only owe about $70k on it. After a down payment our new house will have about a $100k mortgage. We can definitely afford both payments and will rent out the Richmond house. Will the bank be more dickish about the mortgage on the second house and rape me with high interest? My credit rating is on the high end of good but is not excellent.
