If you have about 20% to 30% of equity on your existing home, you can leverage that equity to buy your next home, and you can use your equity in several ways.
Assuming that you have axhausted all possibilities of borrowing from family, friends or retirement accounts. the next best options are an unsecured bridge loan from your lender, or a secured bridge loan or home equity loan on your current house. Use an unsecured bridge loan if you have a contract of sale on your current loan, otherwise use a secure bridge loan or a home equity loan.
If you need more information on this type of ways of how you can get your next home using the current equity on your current home, or many other ways that you can use the equity on your home, please contact me directly at 760-235-9688, I am an expert advisor, and also I can give you a complete free of charge comparative market analisys (CMS) to give you an idea what your current home value could be in today's market, please call me for a free home visit appointment at 760-235-9688