Advise on getting started :)

[Angie Stephens]

Hi my name is Angie, and I would like some advise getting started on real estate investing, I currently own a home, (my first home) FHA loan, I've had this home for 3 yrs now, and I got got it for a great deal, it's a 5/3/2 car garage for $179k currently owe $160k and since the market is getting better, my home has gone upward to $285k. I really wanna to sell my home, which will give some capital so I can start investing, my question is how should i take the first step after selling my home? How can I use the profit I make from my fist home to start?

I was also thinking about buy and hold, to rent, and some home flips. I do have some experience as a landlord, since I used to rent rooms out in my home, in which it paid itself for a bout 2 years. 

Im eager to succeed, and I know I can do anything I put my mind to, but I definitely need some guidance. This is my future. I want financial freedom. 

Ooh, and my dad does construction (15yrs exp) 

I want to make the right decisions, any advise is greatly appreciated

Thank You guys :)

[Gerald Harris]

You can resell the home, take the equity and buy some units.   You said you have experience renting rooms.    Why not resell your home, use some equity to purchase units.  You said you have experience renting rooms.   

If you bought a 4 plex you could live in 1 rent free.  Rent out the other 3 to build equity and put cash in your pocket monthly assuming you structure the deal correctly and you come across a solid deal.   

This is just 1 way you could grow your return over time.