All this equity and no clue!

[Brittany Snyder]

We have a home that was gifted to us worth approximately 250,000. We’ve been living in it for the last 10 years. We want to start investing in rental properties and are sitting on all this equity but are terrified and unsure of what to do with it? Ideally we would like to rent out our current property and buy a new home elsewhere. What would you do? What creative financing opportunities do you see or know of? What situation will cost us the least but make us the most? We would be total newbies!!