How can I start investing into real estate while in the navy?

[Jose Nunez]

I’m an 18 year old sailor, just got out of boot camp a few months ago. And I have a good amount of money saved up. A good credit score, no sort of debt. And I’ve been looking at investing to multi family homes but also self storage units. And idk which directions would be the best way to start investing. Any kind of advice would be help full.

[Tommy Adeoye]

Jose - I must commend you. This is a bold seed you are about to sow that will eventually reap benefits down the road. I say pick a niche and a strategy you feel comfortable with and stick with it. There is light at the end of the tunnel but you would have to visualize and own that tunnel. I say if I were 18 again and I were in your shoes AND about to get out of bootcamp. I will consider house hack - triplex , duplex, fourplex. I'll try not use up all I have saved and explore the possibility of OPM ( Other People's money). FHA loans are lenient with DP requirements. Now lets say I have a POI ( Proof of Income ) impediment, then I talk to family/friend that make good money to jump on board with me.

You are young , you are a sailor, house hack all the way. If you TDY, you can move and then you would have your employee( Your cash flow asset) working for you. I like the idea of a storage and you can always turn around and invest in those down the road. One thing to note most importantly with house hack- you may pay very little or no rent at all, extra savings yeah? Most 18 yr old fantasize about luxury , liabilities, I must say either approach you decide to embark on, you'll do very well. Move without fear and congratulations.