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Buying & Selling Real Estate

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Jonathan Jaime Velarde
Pro Member
  • Rental Property Investor
  • Thousand Oaks, CA
48
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147
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22 Years Old with $22,000 CASH!!! What to do!?

Jonathan Jaime Velarde
Pro Member
  • Rental Property Investor
  • Thousand Oaks, CA
Posted Sep 18 2017, 16:58

Good Evening Friends!

I am selling my truck and will have just over $22,000 cash to invest freely. I have no debt and excellent credit. I am stationed in Washington D.C. and will be transitioning out of the military in about 9 months so I don't necessarily want to buy here and then have to move across the country and attempt to manage while in California. 

The area I will be moving to is in Ventura County where the price of real estate is pretty expensive! My college education will be covered by the Post 9/11 GI BILL and I will be living at home for free during the remainder of my college years. I estimate that by the time I leave the Marine Corps I will have about $42,000 cash and roughly $16,000 in my Roth IRA (no debt).

I am looking for some advice from people who were once in my shoes are are dealing with the same questions currently. 

Thanks!

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