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Updated over 13 years ago,
Next step as a Investor
I have been a Active duty Soldier for 17 years and I am coming up on retirement quickly. Just turned 35 a few months ago and can not imagine starting a new career after 20+ years of service.
So I invested over $3,000 of my Tuition Assistance and enrolled in a years worth of Real Estate college course.
Shortly after I purchased my first home using my VA loan with no money down. At the time it was a new construction single detached on a acre of land.
My second home is a short sell, also a single family detached home on about .25 acres. In a great location. (Conventional loan 40% down)
Sorry for the long intro, now to the questions.
1. What should be the next smart investment after 2 conventional loans? (I have no second mortgages or loans against any house).
2. My mortgage broker has asked me to wait 6 months before my next purchase. Anyone know why? I did not want to show my lack of experiences :roll:
3. I plan to make my next move in 6-8 months during my deployment. Can I use my tax exemption status to gain any leverage.
Thank you for your time.