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Updated about 4 years ago,

User Stats

3
Posts
1
Votes
Jason Tracy
  • Contractor
  • Visalia, CA
1
Votes |
3
Posts

$40k a year to invest, best strategy to make the most of it?

Jason Tracy
  • Contractor
  • Visalia, CA
Posted

Just used an FHA loan to buy my first house, moved in and am renting a room out already. I have $40k from this year saved and can continue saving the same each year pretty easily. However, I don't want to keep working forever, so what's the best strategy to grow $40k a year?

A house a year with a conventional loan works with housing in my area, but if not rented then I would be eating into that $40k. What do you all think I should do or is that a good strategy, “would/could it work”

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