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I have a house which I still owe and now i want to buy another house in the same area for renting, i

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July 25 2012 - US
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Part of your question was cut off.  Can you repost with the complete question so I can help?
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July 26 2012
It really depends upon your financial situation and your credit rating.  If you are qualified, you certainly can purchase another property.  However you should thoroughly investigate how much income that property could generate and what will be the expense of carrying such a property.
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July 26 2012
There is not enough information to answer this question.  Please finish your questions so it may be answered.  Thank you.
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July 26 2012
 
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