Renting Current Home Question

[Neguiel Hicks]

I am at a cross road here and not sure what to do. Have a home under mortgage with about $80k in equity. I have 2 options

1. Refinance my home and rent it, of course getting into a second with the eventual goal of repeating the process

2. Refinance and rent, buy the second home but look into investing in notes or even wholesaling

Both options are risky, but I am looking to expand my "empire"