Newbie from Columbia MD

[Caleb Waller]

Whats up Bigger Pockets!

Very excited to join this community! My name is Caleb Waller and I am brand new to the real estate investing world. I am currently hoping to learn from others about converting their owner occupied home into a buy and hold cash flowing rental or selling and using the equity to purchase both a new home and an investment property. 

I bought my current home in Columbia MD through a foreclosure auction for $256k it recently appraised for 300K. June 2016 I will have lived in my house for two years and understand a little about the tax benefits of selling after two years. 

What do you think I should do? Rent out my current house or sell and reinvest? I am hoping to stay in the Howard County area and with a baby on the way would like to move to a better school district... Howard County real estate is by no means cheap...

Looking forward to meeting you all and learning more!

- Caleb