New Here: Seeking Advice: Next Steps in Real Estate Investment Journey

[Eric Diaz]

Hello everyone,

Excited to be here for the first time as I begin to expand my real estate journey. Right now, I own a duplex – one unit is rented out while I live comfortably on the mortgage-free first floor. Recently, I got a HELOC and I'm actively exploring new real estate investment opportunities. I'm eager to hear your suggestions. I'm considering another duplex, but I want to stay in my current home until I find my permanent residence. I've also been thinking about using the HELOC for a fixer-upper permanent residence, building equity, and then using that to acquire another duplex. Your insights are highly valued!

Thank You,

Eric 

[Julien Jeannot]

I'd house hack another duplex. Sounds like the current one is ready to be optimized in rents and you'll be able to grab an owner occupied loan.