Selling my own home for profit?

[Ali Kattan]

Hello everyone,

I have a question that is more personal than business related but is tied to real estate investing.

I purchased my first personal home (primary residence) in 2018 at the age of 24. This home has had a tremendous amount of value increase due to the market in this area and due to the updates I did on the home (can sell for nearly double the price today).

To put it in simple words, I can walk away with nearly $200,000 in my pocket if I decided to sell.

I am single, do not have kids and also have a six figure income job along with two rental properties on the side. I can easily move back in with family (I am 27year old).

My ultimate goal and vision is to use the profits to invest (preferably invest in real estate) and ultimately no longer have to work for my employer.

Although it sounds like a great plan, I was wondering if anyone has any ideas or advice on this matter. Does this sound like a bad idea? Will I regret selling this home that I love so much?