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It’s ideal if you have another job lined up before you resign. However, sometimes your current job affects your mental health and overall well-being to a point where you cannot wait another second to leave. I know plenty of people who have been in that type of a situation, walked away without a plan B, and ended up just fine.
I had the same thought. Do it only if you are confident of finding a job in next three months. Don't go by offers others are getting.
You can freelance. Honestly, that's what I did. I quit my job and moved on to freelancing.
Do you have any skills you can contract or use as a consultant?
It's always better to have a plan, but sometimes circumstances are such that it really isn't feasible. I've left employment without another offer on the table in the past and I did alright.