How do I best use my starting assets?

[Derek Sym]

First of all, first time poster. I just want that first post award!

Secondly, thanks for reading this!

Here is what I'm looking at:
- As an Army Vet I have the VA loan to use. I would like to buy a 4 unit multifamily and househack. Once I have the multifamily, I will expand into multiple rentals. I would like to try out vacation rentals as well.
- I have about 40k split between a Roth IRA and a 401k. I need to start a business, so that I can roll that money into my business. That money could be used for rehabbing, contracting, unforeseen costs

I'm obviously still heavy in the dreaming phase. I sense a layoff coming at work and when it happens I want to jump into this headlong.

I've read some stories with people starting out with less than what I have. So I just want to ask, where should I start?

Derek

[Jeiby V.]

@Derek Sym

Awesome and welcome to BP I'm in a similar situation as you first of all my girlfriend took me to PR last year beautiful place! but I soon noticed the government is doing a horrible job similar to Dominican Republic a lot of corruption!

But your on the right track since your using a VA I'm not familiar but I have seen you can do 0 money down and allow to use your 40k for back up. Or if you're planning on buying on PR possibly look into a flip since things are very cheap, Derek also check out the city as of right now my city is providing me a down payment and closing cost so I'm putting nothing down but the restriction may suck! call the city check around but make SURE TO CHECK ALL OPTIONS!