Bought a home before deciding to invest!

[Alexander Gutierrez]

So, to keep this as short as possible I’ll start with -

I am 23 years old and just bought my first townhome in September of this year with an fha loan that requires $9,000 at the closing table. I am renting rooms to friends which covers Everything. There is no extra or shortage just enough to cover expenses. Which I now know this is called “house hacking”? 

I have 25k as of now i would like to invest in real estate. What would be the best thing for me to do in this situation? Put that money into this home and refinance, so I can legally rent out the whole home and buy another with an fha that I’d move into. Or, should I keep living here and buy an actual investment property with 20% down?

As I mentioned I VERY recently came across this awesome site along with other information and would like to start my journey and invest now! I would be very interested in buy and hold properties and rent for some cash flow.. 

Thank you In advance! 
-Alex

[Aaron K.]

I'd go with the 20% on something else because there are time limits for how long you need to live in an FHA home before moving on. It is great that just by renting rooms you are able to completely cover expenses.