Seeking advice/Best return on my investment

[Robert Krzesinski]

Hi everyone,

I am a new to realastate ( only one flip) I own on current mortgage 137,000 with 3.3% interested rate, and wondering about the different options. I am thinking to sell my property and get out about 200k cash.

Option 1: Buy another primary residence in much better location with higher appreciation for about 250-300k. At 6.5%. Put down about 75k + 25k updates. The rest invest (100k) in either BRRR flip or rent, or cash flowing duplex or triplex. 100k could be devided between two properties as a down payment.

Option 2: Stay in the current property and not sell, get HELOC, which is only 85k with 9%+ variable interest and get a BRRR or single family rental.

I realize there is a lot more to that, but just seeking advice from a season investor.

Thanks in advance!