$10,000 or bust: what's your strategy?

[Michael Hurley]

While discussing REI with a soldier the other day he said to me "I have $10,000 saved up, and might be able to scrape up $20,000 by the time we get home. What do you think I should do with it to make more money?" I obviously told him to invest and we discussed the different places he could potentially invest into (Flips, Tax liens, Buy & hold, using VA loan for a Quadraplex, etc.). So BP community, where would you place $10,000, potentially $20,000, for the highest ROI?

- Hurley

[Linda S.]

Buy a multifamily unit, and house hack. With the VA loan, he shouldn't have any money down, so he can put that into renovations and get a good income stream from the properties.