All Forum Posts by: Ashley Godfrey

@Andrew Garcia, @Reid Chauvin, and @Matt Lavinder, Thank you all SO much for the quick and thorough advice! This gave me some great options to think about as I decide on the best path forward. 

I am an aspiring rental property investor; I currently own my home and am stuck on how I should start. I see two options available, either renting my current home and moving into an apartment for myself, or taking out a home equity loan/LOC to buy my first rental property while staying in my home. If anyone has advice on the better option, or even a process to determine which is best for my situation, I greatly appreciate it!

It might be important to mention that I am looking to make rental investing my main form of income. I am a former educator who left the classroom last May and have been doing private academic coaching/consulting for the past year. I am looking to move away from this role and fully into real estate. I have a bit saved up for my own bills, but none extra to invest without the home equity loan/LOC.

Thank you!