Relocating Interested in buying a second home while still keeping 1st home?

I live in CA and we are moving to Idaho. We have a home here and our mortgage isn't much, so we were thinking of keeping it and renting it out and get some income from it. What do we need to buy another home in another state?

We are currently paying off our big debt like our car and atvs, which if all goes well will be done June of 2014.

what info do I need to know about buying a home in Idaho. I know what city I want to live in and I already have a job over there. so were hoping to buy from CA and just move there.
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July 21 2013 - Meridian
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Answers (2)

I usually recommend you first find a Realtor that you are comfortable with in the new area and then have him / her recommend you to one or two local lenders that he works with to get an idea of the lending requirements in the new area. This way you end up with a team of professionals working for you who know the area and each other.
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July 21 2013
Like buying any home anywhere = step #1  Speak to a lender. Get a pre-qual letter from a lender and find a Realtor in the area you want to move to. You can do a lot by sending listings via email, but sooner or later you need to go there to see homes.
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July 21 2013
 
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