It isn’t a bad idea unless you can rent your current place out and cash flow it until the right time to sell. If you waited to sell you would get more for your current home but most likely would also pay more money for the new home.
In South Florida, it can be very hard to cash flow your property especially if you bought in the past 5 years with very little money down.

Located in South Florida, Justin Miller has established himself as a leader in the mortgage community for his expert advice and understanding of the current real estate climate.