Advise on getting started :)
Hi my name is Angie, and I would like some advise getting started on real estate investing, I currently own a home, (my first home) FHA loan, I've had this home for 3 yrs now, and I got got it for a great deal, it's a 5/3/2 car garage for $179k currently owe $160k and since the market is getting better, my home has gone upward to $285k. I really wanna to sell my home, which will give some capital so I can start investing, my question is how should i take the first step after selling my home? How can I use the profit I make from my fist home to start?
I was also thinking about buy and hold, to rent, and some home flips. I do have some experience as a landlord, since I used to rent rooms out in my home, in which it paid itself for a bout 2 years.
Im eager to succeed, and I know I can do anything I put my mind to, but I definitely need some guidance. This is my future. I want financial freedom.
Ooh, and my dad does construction (15yrs exp)
I want to make the right decisions, any advise is greatly appreciated
Thank You guys :)