How do you turn home equity into more investments ?
Hi there. I’m new to the active investment life and I’m searching for ideas or advice. 8 years ago we bought our first house that we now have roughly 200k in equity. We rent it out now and own another home right across the street that we owe more on but they both appraise at the same amount, however we plan on keeping the second one we bought (unless given a solid reason to not keep it but so far nothing has made sense for that)
Our goal: to put 200k into as many reliable streams of income but not overwhelm ourselves with too rapid of growth to quickly or at least manageable growth.
Is that to vague or broad of a goal?