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Updated about 1 year ago on . Most recent reply

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Ayden Berchtold
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Investing Preparation for House Hacking

Ayden Berchtold
Posted

I am going to be starting to work on house hacking but right now I'm not in a situation where I am able to do so for the next 2 years being in the military. So, for now I am working on how I can best leverage my income. I am working on how I am going to set up my invest strategy. I'm thinking about trying to split my investments into less versatile large cap style investments the other in more versatile potentially higher payout investments and then the majority in the cash savings style of investments. Is this how I should be working on my investments or for now should I focus entirely on the cash savings until I am able to purchase a property? I am able to utilize the VA loan to get no money down on a property, but I think it would be a good idea to have fairly liquid investments to be able to access the money if necessary for the purchase of the property. So, my question is how should I break down my investments?

I also want to try and get in touch with someone that I can talk to more about utilizing the VA loan how it works, what payments and interest rates actually look like to me get a better understanding of that as well. I know there is some good information I can find on the internet about using the VA loan, but I think I can get some better insight talking to someone personally about it. 

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