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Auto Populate Address from Existing Contact into field in Opportunity Entity

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Hi All-

In the opportunity entity, after I use the look up to populate the "contact" field with the existing contact, is there a way for me have the address filed listed for that contact (in the contact entity) populate the address field in opportunity? For example, I am creating a opportunity for Joe (who's already a contact) and after I use the look up to find his name for the "contact", his address should auto populate in the custom field we have created. 

I tried setting up an N:1 relationship in opportunity_parent_contact to map address1_composite (Contact) to new_billtoaddress (Opportunity, a custom field we created) however, the information doesn't carry over after we select the specific contact.

Did I miss a step? Thank you in advance your support.


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