Taking out a 3rd mortgage for a 2nd home?

We already have a home that has 2 mortgages on it already. The 2nd one is due to the reality that we put an addition on the house. Now we are looking to purchase a 2nd home but aren't quite sure if we would qualify. Any thoughts on this?
"> Your leveraged to the hilt. Should not be investing if you can't feature with out borrowing extra money.

Your just asking to nose-dive face first in the adjectives.
How about if you pay for the first home back you buy a second one? You are setting yourself up to lose everything if you continue to overextend yourself like this.


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