<prompt> Human: Generally, how does one handle the timing of buying and selling a home at the same time? How do you use the equity in your home as a down payment for a new home? The specifics on my situation are: We live where nice homes are inexpensive. We are about 30 years old. We owe 175k on our first and current mortgage. Comparable homes nearby have recently sold for 260k. Our total cash on hand is 30k. My current mortgage payment is 1400. I would like to buy a home around 350-400k. I have a lot of pets and short term renting isnt likely.I didnt find an answer in the wiki, but I found this article which leads me to believe a bridge loan is my best option. Is that naive?edit: formatting  <response>: You can add contingencys to your offer on a new house. A fairly common contingency is that your current home sells. 