Relocating_Renting My Home (FHA loan)Sorry I have a few questions....I am upside down on mortgage, therefore, its not probable to sell w/o having to pay the difference. We have an FHA loan and we have lived in our home about 5 yrs. (refinance 2 times) My wife was laid off 7 months ago and now may have a great job opportunity in another state. Can we rent our home through a property mngmt. company and buy another with another FHA loan? Would it be difficult to qualify? Will renting help pay down principal so we could sell eventually? What options do we have? Could someone assume our loan? Help!!!!!June 04 2011 - Nashville0YesReport 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.