Life choices: School/Working

[Jonathan Buelow]

I don't know if this is allowed, but I am open to opinions!

Overall: I make $1,100 a month and have $20k saved. I was in the military, so I have the VA benefits. Currently living in a Manufactured home that I own(could use some updates) located in a park.

School: I am getting paid $1,400/month to go to school, but I haven't found a lender to count it. I have 2 years left before graduating and making potentially 75k/year.

Work: I would make a little more than 1800/month in addition to receiving 5% equity of a storage company after 5 years. 

My goal is to be financially free through the small multifamily BRRRR method, owning 5 houses by 2025

I'd love to hear your opinions.

P.S. If this is clutter feel free to delete it.

[Joshua McMillion]

@Jonathan Buelow

Congratulations on committing to invest in RE. I would optimize the asset you currently live in to get the highest rent possible and rent that out. With your rental passive cash flow and your $2,500 monthly income, that would put you in a better position to get a VA Loan on small residential multifamily. I would house hack that multifamily while in school, and you would already be at your goal of 5 doors now.  

I love you already have a SMART goal established for 2025. Thank it->Say it-> Do it-> Recieve it! 

Sincerely,