In the long run it would save you $. 

Eliminate debt, establish a budget, and save.

Coincidentally, I’m currently listening to the BP Real Estate podcast, Episode 1,054: The Expert Investor: Early Retirement is a Mistake, Rent Instead of Buying.

@Franklin PerezGetting your real estate license can be a smart move if you want MLS access, networking opportunities, and savings on commissions, but it comes with costs and disclosure requirements.

you may have to save up until you have enough money to do so - down payment, closing costs, reserves, etc.House Hacking: What Is It, How to Start, and Strategies for Successit's a more powerful way to get started. 

Hi Max, being "caring" and having a conversation with them at the door can save you.  

Do I wait another year to save more, or do I look into a HELOC or a VA cash-out refinance? 

We are both self employed so retirement is something we have both started thinking about.

@Eddie Lozada check out Rent to Retirement.

Opt 1) utilizing our savings in the brokerage account and emergency fund and pay for it all up front.