Asked by Darcy Dittenber, Colorado Springs, CO • Tue Oct 2, 2012
I just refinanced my town-home but have a mother who is in poor health. Need to find a place we can live together. Is there a way to finance a new house and rent out the existing home? The renter would be to pay the mortgage on the town-home since the value of the place has dropped and it will be difficult to sell it without owing on it.
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