Zillow Advice: Mortgage - Want to Purchase 2nd home http://www.zillow.com/advice-thread/Want-to-Purchase-2nd-home/470989/ Zillow Advice | Zillow Real Estate I just wanted to say that ... http://www.zillow.com/advice-thread/Want-to-Purchase-2nd-home/470989/ <p>I just wanted to say that it is awesome to see more and more people investing in real estate.&nbsp; I hope that you are able to find a lender that can help you realize your real estate goals.&nbsp; If not, feel free to contact me in private and I would be more than happy to send your scenario over to a few of my lenders--they might be able to help you, or know of someone that can if you are not living/buying in CA.<br/><br/>Best wishes from So-Cal and good luck</p> Thu, 13 Dec 2012 23:36:00 GMT http://www.zillow.com/advice-thread/Want-to-Purchase-2nd-home/470989/ 2012-12-13T23:36:00Z 5% down on a new home purchase ... http://www.zillow.com/advice-thread/Want-to-Purchase-2nd-home/470989/ 5% down on a new home purchase you're looking at may not work. You could perhaps cross collateralize your equity in your first toward your new purchase. Otherwise, you may need 10% down on your purchase to make it work. FHA may go up to a certain threshold depending on where you live. I know people can purchase out here with 3.5% down up to a loan amount of $567,500. You could always Google loan limits for the county you live in. Let me know if you have any other questions. And good luck!<br/><br/>Paul Wed, 12 Dec 2012 18:33:00 GMT http://www.zillow.com/advice-thread/Want-to-Purchase-2nd-home/470989/ 2012-12-12T18:33:00Z You may be able to accomplish ... http://www.zillow.com/advice-thread/Want-to-Purchase-2nd-home/470989/ You may be able to accomplish this. If you would like to talk about it further feel free to reach out to me. Wed, 12 Dec 2012 06:09:00 GMT http://www.zillow.com/advice-thread/Want-to-Purchase-2nd-home/470989/ 2012-12-12T06:09:00Z