How can I build some wealth?
I have two properties with about 250K in equity between the two. One is a single family home where I live with my family and the other is a rental two family home. We are in Westchester County NY which tends to be on the expensive side.
I want to do something else. I went thru a difficult financial period but I am starting to pick up. My credit is also getting better (close to 700). I would like to cash out and invest in another property or buy a piece of land and develop it.
Not sure about the process though. Any ideas or suggestions would be appreciated.
Claudia