Can I buy a house if my current house is upside down?I have approximately 30k to put towards the purchase of a larger home. My current home is upside down by approximately 160k. The current loan is not Freddy or Fannie backed.September 15 2013 - Escondido00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.