Save as much as possible, and wait for a better buying opportunity when I have more money and when perhaps the market isn't so crazy.2) Buy a cheap(er) co-op or condo, live there, and after a bit rent it out or sell it to buy a MFH - but condo's here are pretty pricey as well.3) Keep looking for a home despite the huge competition and crazy market.What would you all do in my situation? 

I went through a process with a broker and the HOA that I currently have the broker is telling me classifies as a condole so it is limiting me to take the money out of the house.

Thank you for your reply and condolences Joaquin.I will go through and figure out the monthly expenses.

Glenn,My condolences on losing your dad.

I will also like to express my deepest condolences to the family killed in London (Ontario).

There was definitely push-back even though I offered a condolance of free last month rent. they found a new place and retreated as fast as possible. luckily they really wanted their security deposit back so they withheld from distroying the place.it was tough.

Since you've asked for number so I'll give you the numbers on the last condo (late 2015) we bought and the last sfh (summer 2016).  

Thank you for condolences, your posts are so detailed and insightful, full of data they've truly changed my life.

My condolences on the passing of your grandmother....... 7 years is way too much.

When he comes back to the bar for the second round, the bartender says, "I don't want to intrude on your grief, but I wanted to offer my condolences on your loss."