Entering real estate investing with a paid off home!
Hello everyone! My name is Courtney and my husband and I have found ourselves in a pretty unique situation. We bought our first home (a 1970's trailer) on a land contract and it is about to be paid off! We will be mortgage free with 100% of the equity in our current home.
Over the next year, we plan on doing some updates, paying off our credit cards, and saving and learning as much money as possible so we can purchase our next home.
House hacking is very attractive to us as we will need somewhere to live when we rent out our current home anyways.
Any suggestions, ideas, or words of encouragement welcome!