Hi, my wife and I are looking to buy our first property in the next 3-4 months.

You would literally be better off selling and buying the neighbor’s condo to rent out.

Investment Info:Single-family residence buy & hold investment.

At 19 years old I am thrilled to have the opportunity to buy my first investment property.

The way I saw real estate at the time was, saving money, buying a multi family, live there with tenant who help pay for my house.

They also gave me some information on their buy box and strategy. 

Even looking at the balanced rate (which I feel like is hard because the terms are different) along with the potential to have the monthly payment/fees covered, it feels like a cash out is a better option if we did want to keep this.Part of the current struggle is that the market was hit harder from the rate increase so sales are almost at a standstill and even with trying to sell the house, the rental market is doing substantially better because most military cannot afford to purchase in this area as the payments are over 6k/mo for buying vs 3-4k/mo for renting.Any advice is most appreciated!

If I wanted to go somewhere or buy something I worked for it. 

Tell them you would like to Cross Collateralize to buy a 3rd property. 

They would need cash to buy/rent seasonally in Florida, so is there a scenario where they sell the house to me, obtaining the cash they need to buy in Florida, and then rent one of the units back from me in the summers?