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Updated over 7 years ago on . Most recent reply
![Jonathan Jaime Velarde's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/798924/1621497711-avatar-jonathanj39.jpg?twic=v1/output=image/crop=819x819@0x0/cover=128x128&v=2)
22 Years Old with $22,000 CASH!!! What to do!?
Good Evening Friends!
I am selling my truck and will have just over $22,000 cash to invest freely. I have no debt and excellent credit. I am stationed in Washington D.C. and will be transitioning out of the military in about 9 months so I don't necessarily want to buy here and then have to move across the country and attempt to manage while in California.
The area I will be moving to is in Ventura County where the price of real estate is pretty expensive! My college education will be covered by the Post 9/11 GI BILL and I will be living at home for free during the remainder of my college years. I estimate that by the time I leave the Marine Corps I will have about $42,000 cash and roughly $16,000 in my Roth IRA (no debt).
I am looking for some advice from people who were once in my shoes are are dealing with the same questions currently.
Thanks!
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@Jonathan Jaime Velarde you might look into VA loan as opposed to FHA for up to 4 unit. Zero down as long as you qualify.