Should I refinance SFH or house hack?

[Aaron Rizzo]

**SNAPSHOPT**

I am sitting on around $60k in equity on my current SFH. Mortgage is only $600 a month.I've basically maxed out appreciation on my current home so it will continue to rise pretty slow at this point. We have made our home perfect for our family of four, but the location is not where we want to be and we do want to move in the next two years regardless.

We live outside of Buffalo, NY and nice SF and MF home's range from $60k-$200k so they are much cheaper than some other places.

I am looking to get financial freedom with RE, so I would like to move quickly but still have a good home life for our children. I would rather my family stay in one house rather than bounce around every year or so.

So my question is:

Is it better for me to stay in our cheap home that we like, and refinance and get as much out of our equity as I can which would be around $30K. And I use that to fund my first MultiFamily, and just try and keep coming up with cash for down payments for the rest?

Or 

I sell my home and we House hack with the goal of paying no more than $600 a month(with help from tenant rent).That way I can have my full $60k in equity to fund buying at least two properties right away.

Thanks for your insights 

Much Love,

-Aaron

[Tom Wagner]

IMO you should absolutely be maximizing leverage at all-time low interest rates. Pretty simple to me, cash flow and appreciation from two rental properties >>> CF and appreciation from one owner-occupied house.

Maximize the number of doors you can while staying liquid and taking advantage of low interest rates.