Scott Godzyk answered:
can I purchase a new house if I have one already. I have a tenant and lease for the old house
You can certainly buy one if you can get a mortgage or have the cash. You should meet with a local and trusted loan officer who can prequailify you and answer your question.
Anna Brocco answered:
I am purchasing a foreclosed property and have to ask for a 2nd extension because I have not secured my loan yet, is this unusual?
What is your loan officer advising as to the delay in securing your loan--do you not qualify, did you switch to another lender, etc.--speak to your loan officer and agent as they can be
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