Working up to getting my own properties

[Brad Bedel]

First post here just looking to get some advice on my strategy of acquiring my first properties.  I'm a single male, that makes about 100k a year I purchased a home back in 2015  in the financial housing crash in the neighborhood of 50k (now worth in the neighborhood of 225k) my plan is to pay off my current property by the middle to end of this year. I plan to save back between 50k and 75k in cash the year of 2025 and potentially refinance my house along with the 50-75k cash  for a total of around 230k ish to buy a couple of properties with hopefully at least 1 I should be able to pay for outright. But I'm wondering if it's the right way to go. 

[Alecia Loveless]

@Brad Bedel Hi Brad. House prices are just expected to keep going up. By 2025 depending on your market they could go up another $50,000.

Why pay off your current house just to refinance it? Why not refinance it sooner and get in on 2 more houses sooner before prices rise more? You can always refinance everything if rates drop lower afterwords.

Just my thoughts.