I was a first time buyer with the home I just bought. I love it, however, I wish I would have gotten a Multi-Family house. This can be a duplex or 3+ units. When you buy a multi-family you will be able to collect the rent of the other unit to go towards your mortgage. Since the prices of homes around here are so good you would probably be able to collect your entire mortgage payment and then some!!! If you are looking to maintain or enhance your current lifestyle I would keep an open mind to multifamily houses and duplexes.
If you have any questions or would like help or want more information, please let me know...
Green Bay, WI