I'm 22 and have $300xxx, What should I do?

[Tristan Moylan]

Hi and thank you for visiting my post, I will try to keep this short. I am 22 years old and in the military, I am getting out in December and will be going into construction while doing rental properties on the side. I have a trust-fund worth about 300-350xxx$ depending on the market. My family has serval rentals and I have been studying/researching for awhile so I am semi-familiar with the process but still a newbie at best. My question is what strategy I should focus on:

Should I buy three $100k houses with cash, refinance and use the money to invest into another 3 houses. (or buy one $300k home and do the same.)

Buy three cash properties and save the cash flow until I can buy another all cash.

Buy multiple homes using traditional mortgages.

There is a ton of pros/cons with cash purchases and I know it really all depends on the deal I get and my COCROI. Right now I have so many options I'm overloaded with what direction to go that im frozen and stuck not knowing what to do. Like I said Im still new so maybe this is a dumb question but I was just hoping for some advice from someone with experience and maybe help start me down the right path. Thank you and God bless:)

[Dock Newell Jr]

Hi! Since youre in the military you have the VA Loan available to you as well. What is your housing situation when you get out? There are a lot of variables to consider but generally from what you posted look into purchasing a one rental property between now and when you get out. Once you arrive in December look into getting a fourplex with your Va Loan and house hack. Then grow from there.