I want to rent my current home and purchase a new home.My home is 3 blocks from the local campus and I believe it would be very easy to rent. Our loan to value is at about 68%. We have been negotiating a refinance because rates are so low right now. We have considered using this opportunity to pay off other debt; however, this would raise our loan to value percentage. It is an attractive idea because our mortgage payment would remain the same; however, I do not want to ruin our chances of purchasing a new home and using our current home as rental. Can anyone tell me what the general requirements would be (amount of savings, loan to value ratio, income to debt ratio)?January 09 2011 - Stillwater00YesReport 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.