The nice thing is your equity will likely grow quickly in the area. 

This is more about riding the wave of a growing market.2.Forced Appreciation: Actively increasing a property’s value through strategic actions like renovations, raising rents, or improving operations.

But hey, I’m learning about it as we speak—always room to grow! 

Nonetheless, with your current mortgage rate and solid equity position, it’s definitely worth considering getting a good, respectable tenant in there and watching your equity grow.

Additionally, Lenders can assist with a rapid rescore, working with credit agencies to guide you on which cards to pay down to boost your score.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Even small-scale operations like beekeeping, organic farming, or growing specialty crops (e.g., lavender, hemp, etc.) can generate income.Hunting Leases: If the land has good wildlife, you could lease it to hunters during the appropriate seasons.

The fact that you’re thinking about “unearned income” through real estate is smart — it’s a way to grow wealth while keeping your benefits intact.With $35K saved up, you’ve got a solid foundation.

Focusing on appreciation is a solid plan, and house hacking can be a smart first step to grow your portfolio.

Historical property data makes it easy to pull the numbers and see how investment property values are growing.