Trying to jump out the rat wheel!!!!

[Christian Olivares]

Hey y’all California resident here. I heard about bigger pockets a little to late and I was caught in the snare of the middle class rat race. 3 years into buying my first home, I found myself working long hours and even giving up days off just to make enough to provide food, pay the mortgage and fight off rising gas prices. Luckily I was fortunate enough to buy my home pre pandemic right before Covid hit and sent my homes value skyrocketing towards the moon. I found my self reading poor dad rich dad, as most of you have, and well that changed my world. I was able to get my wife onboard just as long as I didn’t sell the house. So here I am brainstorming away. My bright idea is to make my primary a rental cash flowing 400-500 a month, moving in with some relatives (not the ideal situation but a sort of house hack) then I want to find a lender who will give me a heloc on my investment property and use that as a down payment on a out of state property. Then rinse and repeat. I could really use a mentor if anyone is willing if not a point in the right direction would be nice. Is this the right move?