THEN, I plan to purchase the second home using a FHA or conventional loan (3%-5% down), for which I will likely pay the monthly cost out-of-pocket, maybe with some rental income support if it is a duplex.My concern is, I do not want to spend my savings or weigh down my debt-to-income ratio so much so that I cannot qualify for and pay the down payment and closing for the lending on the second home.Questions: - With the first home being multi-family, 75% of the rental income (or potential rental income initially) will relatively either maintain or boost my debt-to-income ratio from lenders' perspectives, right? 

My question is, is it wise for me to sell it and profit $150-200k after owning it for 4.5 years and invest where I currently live?

@Jesse Rivera I love the idea of it the only issue I'm currently facing is I would get negative cash flow renting out my current home  based on my current mortgage so it definitely isn't ideal 

@Malcolm Brown it is great that you are thinking of the money to fund the deals you are going to get started with but understanding what a deal is, I think, should be the starting point. 

Do you mind me asking what the purchase price is? I

The only way I KNEW it was a good deal is I had been researching two areas for about a year. 

Always a cheerleader for our local market & think we face many headwind, but this is is massively overblown in my opinion and certainly there is absolutely no data that we have seen an effect from this as of yet, again if anything our suburbs inventory has gotten tighter.

Is is subjective by real estate agents?

Only reason is I know I’ll get it back and I don’t need it right now because I’m living with my parents.

Most important thing to me is I learned how to type very vast in high school.. thats been the most important to me..