Saving for a House Hack

[Austin Cooper]

I'm a Junior in college and starting to plan out my first real estate goal, a house hack (most likely a duplex) in northern San Antonio, TX. My question is what type of account should I be saving my money for this goal in? I'd hate to put it in a savings account because it has little return and I won't need the money for a couple of years, but I'm not sure if I should put it in my Roth IRA, investment account, or some other account.

[Brad Hammond]

Hey @Austin Cooper, good question.  it depends on your level of risk.  I would recommend a low-cost brokerage fund that follows the S&P 500.  Just know you could lose money if the market tanks between now and then.  If you are looking for something safer, you could put the funds into a CD account at your bank.  That is very safe with low interest.  If you want something in the middle, maybe you could do half & half or 75%/25%.