starting August 1, 2008, you need to have 30%

equity in your current house in order to purchase another property as your new primary.

One exception is that you can have your income to suport both properties(without rent out any of them)
and 6 months serve of the payments.

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Thanks. It is getting worse before it gets better for sure. -cultuslake- 给 cultuslake 发送悄悄话 cultuslake 的博客首页 (0 bytes) () 06/26/2008 postreply 11:29:15

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