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I didn’t work for 6 months, took care of myself and have about 2k saved up. FL, I bought my current condo at 110k with 3% down (conventional loan) less than 3 years ago. With everything including closing costs appraisal etc I paid around 7-8k. My unit would be worth around 150-160k now. For buying another home it’d be the same kind of loan but would be contingent upon selling my home and the realtor warned me it will be difficult because the market is competitive. Homes are selling quickly, am I better off using the money from my sale to rent instead?
How unlikely is it to buy a home with my current situation?
Anonymous
(30-35) 
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I didn’t work for 6 months, took care of myself and have about 2k saved up. FL, I bought my current condo at 110k with 3% down (conventional loan) less than 3 years ago. With everything including closing costs appraisal etc I paid around 7-8k. My unit would be worth around 150-160k now. For buying another home it’d be the same kind of loan but would be contingent upon selling my home and the realtor warned me it will be difficult because the market is competitive. Homes are selling quickly, am I better off using the money from my sale to rent instead?
