Should I rent out old house so I can get a new house? confused

Hello, I would like to either sell or rent out the home I'm in now and buy a new home that is a bit less then what this home costs. It also has an inlaw apartment that I could rent out.I bought this house in February of this year. I became unemployed at the end of May. My husband is paying the mortgage.I would just buy a new home under my husbands name but he doesn't have good credit. I was told by the bank that I would have to do the application all over again. Which means I won't get approved because I'm on unemployment.So, what are my options? Is there a bank that would give me a loan based on the fact that I already have a loan? Should I rent out this house to show income so that I can get the new house? Would the fact that I could rent out the inlaw apartment in the new home make any difference?I'm so confused! Thanks for any imput! by lccplpa from Lancaster, Pennsylvania. Oct 6th 2009 Reply