Would you not do section 8 I’d take your equity and use as a down payment so your probably looking at let’s say 400-500k range, I’d probably either look for a single family in a different part of Baltimore county, Catonsville, Towson, parkville etc. or I have a rental property on the eastern shore of Md, I really like that market.

Very few options.. but there should be someone out there that would do this for you given your down payment.

@Olivia Cannizzobuying a primary residence is a very personal decision, and I normally try not to advise on itbut - buying is expensive, in that you can pay significant closing costs on top of the down paymentso... to buy something to live in for 9 months, and then be negative if it's a rental... and now your 20% is stuck in it and not available for when you movedoesn't make a lot of sense to me unless i am missing something.if you move, you could house hack in the new place with a much lower down payment loan... and that frees up a ton of cash for other things. 

If you choose to invest out of state, having a reliable property management company is essential, as they can handle daily operations, tenant issues, and maintenance tasks.

However I would say this tax payment deadline is the prompt to pay. 

So, I guess my options are to either refi the current rental or just wait and save up for a new down payment on a conventional loan.  

Saving around 10,000 would take me twos so if I'm able to get by with a lower down payment I will gladly do so..I understand  concerns that the lower the down payment  the bigger your mortgage and that banks offering low money down loans partly caused the recession....

He offered to have me take over his PITI payments of around $400.

I have plenty of cash for down payments/rehab costs as well as cash reserves.

Renting my house 1150.00 month house payment 1235.00 refinanced 205.000 at 3.4% how to get house payment down