Hi j.biesiada: Your concerns are valid. And they are the same concerns that seem to be holding a lot of potential listings off the market right now. With low home inventory, finding the "perfect perfect" home right now is difficult even if you don't feel pressured to buy something quickly. Having two mortgages is not ideal even if you rent your current condo and the monthly rent pays that property's mortgage. And, of course, the down payment problem you mention does exist. Even if you can scrape together a small down payment for your next home, you will probably want to refinance once your current home sells. Unfortunately, no one knows where mortgage interest rates are heading, though it seems unlikely they will rise too much during the next year. But there is some uncertainty there. So your stated solution of selling, then possibly renting while you look is probably among your best option. It can feel uncomfortable to move twice, but probably not as uncomfortable as some of the other solutions. HOWEVER, you might consider doing a little more homework. Check with a good mortgage broker about what is possible given your current circumstances. And talk to a good real estate agent about availability of listings in your target price and area. There is some variation. An agent may also help you find available homes that are not yet listed. Finally, you might want to consider new construction or find a "flipper" who owns one or more homes in your target area. (Flippers are people who buy homes and fix them up to sell quickly.) There is a lot of flipping going on in Denver these days as more young people move back to the city. The advantage of new home or a home under renovation is that you will have time to sell during the construction process and may be able to time the sale so you can move directly into your new home. One thing though. Always use a Realtor® when buying new or renovated properties. It should not cost you more and, especially when buying new, there are issues you generally won't experience buying an existing home because builders do not have to abide by all Colorado Real Estate Commission rules. Let me know if this helps. Best, Ron Rovtar, Berkshire Hathaway HomeServices/Real Estate of the Rockies.