getting financing on a 2nd house with owner rent-back agreement (second mortgage, lenders) - Mortgages -Lenders, loans, financing, rates, foreclosures, short-sales, brokers, credit score, deed, lien, refinancing, borrowers - City-Data Forum

ElementK · 08-08-2012, 12:22 PM

We're selling our house and found the house we'd like to move into. We can't qualify to carry the second mortgage as well--however the 2nd house would easily rent for 10-20% over our mortgage payment. Furthermore the sellers would agree to sign a rent-back contract for six months. Are there lenders that would consider this sort of situation?