Rent personal home to buy new home or sell?

[David Mata]

I have a primary home with 90,000 left to pay it off. Area comp is 220,000. I would like to buy a new home with VA loan. Should I sell my current home or rent it? Use the money for another investment property or refinance for another investment property? First time trying to invest in realestate.

[Jody Sperling]

Real estate is among the most powerful, stable, and simple investments. If you sell it, you're no longer invested. 

With the amount of equity you have in the current house, you could find a local bank to give you a HELOC, which would increase your buying power significantly.

Renting the current house and using the equity to pull a HELOC would likely be the best decision, and everyone has different goals. Best of luck whichever direction you choose to go!