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RENT vs BUY (negative equity)

My husband and I are active duty military so we move around every two to three years. We own a condo on the west coast and do have renters in it (not covering the complete mortgage, but some rent income is better than none!). We would like to know if we should rent or buy at the new location (east coast) where we just transferred. We are approved for a loan to buy a new place, so our condo didn't impact that process, but we are curious if it is smart to own a second property (our primary residence) if we have negative equity? We are not in fear of foreclosing, we have excellent credit and no other debt to speak of. So, should we rent or buy?