Selling/Looking for New HomeGood afternoon,I have been living in my current house for around 8 years. I bought it to help someone out, mortgage fully in my name. Got married about 5 years ago. We both have decided that we need to move. We are wanting to start a family and the whole area has turned into rental properties and is attracting much younger and less responsible crowds. As such, we are at the break even/upside down area with the home value (I assume).We aren't sure of what our next steps should be. Currently our thought process is to do the following:Add a shower in a full bath that doesn't have oneRedo the cabinets and countertops in the kitchenFix some issues in the guest bathRemove a tree from the property due to diseaseReplace GuttersGet an appraisalFind a realtor that works in our area and can cover where we want to move (30-45 minutes south of where we are)We have good credit (750+), but we're concerned that if the house is upside down, which is possible at this point, that it will be too much to buy a new home. We do own a rental (still paying on it), and have discussed the possibility of turning this house into one, but I'm unsure of how that would work and if we would need to refinance our current home to show that it's a rental before we could change our residence.I am considering to talk to a financial planner or a similar professional in the coming weeks, but would like to get some advice before I speak to them.June 16 2012 - US00YesReport 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.