Updated 10 months ago on . Most recent reply
Advice and strategies
Hello,
I am new here, and looking for advice and ways forward.
I want to first start by saying I am a veteran with full benefits & 50k cash on hand.
In 2023 I bought a new construction 3bed 2 bath in the best city around the best schools. There is a mortgage on the house with double payments being made.
I originally planned in 2026 to rent this house out, then buying another nearly identical house in the same neighborhood (which is still under construction). Rinse and repeat.
I was advised this may not be the optimal choice renting out new builds that aren't paid in full.
I am looking for advice and strategies to have my money work for me. Any advice and ideas would be appreciated. I can also answer anymore questions if any details are needed. Thanks



