Zillow Advice: Mortgage - Can I afford a 2nd rental prpoerty? http://www.zillow.com/advice-thread/Can-I-afford-a-2nd-rental-prpoerty/462835/ Zillow Advice | Zillow Real Estate Thanks for the advice. http://www.zillow.com/advice-thread/Can-I-afford-a-2nd-rental-prpoerty/462835/ Thanks for the advice. Tue, 16 Oct 2012 01:20:00 GMT http://www.zillow.com/advice-thread/Can-I-afford-a-2nd-rental-prpoerty/462835/ 2012-10-16T01:20:00Z It all depends on how much ... http://www.zillow.com/advice-thread/Can-I-afford-a-2nd-rental-prpoerty/462835/ It all depends on how much your 1st 2 homes are worth.&nbsp; If you owe 275k on 600k valued homes, then yes.&nbsp; However, if you owe 275k on properties worth 300k, then the answer would be more towards no.&nbsp; Another factor is how long you have owned the other rental property and what your rental history looks like.&nbsp; <br/><br/>I would suggest contacting a local mortgage broker and explaining your situation over the phone.&nbsp; He/she will quickly be able to point you in the right direction.<br/><br/>Good luck!<br/> Fri, 05 Oct 2012 20:07:00 GMT http://www.zillow.com/advice-thread/Can-I-afford-a-2nd-rental-prpoerty/462835/ 2012-10-05T20:07:00Z