I currently live in my parents' house for which I am making the mortgage payments (as a kind of rent). But I would like to buy my own house and move out, and my parents don't want to sell their house. So we agreed to rent it out to someone else.
Given this scenario, my question is related to timing because I want to avoid having to pay the monthly mortgages for two houses. So I don't want to put down an offer for my new house until I have found tenants for my old house. But most tenants it seems are looking to move in within a month. And from offer to closing on the new house will probably take longer than that right?
So when I advertise my current house, how far out should I put the availability date?
Given that I still have not even made an offer on the new house. If I put it too near, the new house might not be ready for me to move in, and if I put it too far, then I scare of perspective tenants.