A colleague of mine retired as Maintenance manager from an Industrial complex & was bored.He also owned a large warehouse that was bleeding him dry with transient tenants so we all sat around one night tossing out ideas & he decide to approach a couple of the local community colleges.

First, you need to look at your current retirement account and see where your funds are invested and what kind of returns your account been generating over the last few years.

I did come across a couple deals from a retiring landlord last year that made sense for me to wholesale.

Note: The funding fee may be paid from loan proceeds or cash from borrower.The following persons are exempt from paying the funding fee: Veterans receiving VA compensation for service-connected disabilities.Veterans who would be entitled to receive compensation for service- connected disabilities if they did not receive retirement pay.Veterans who are rated by VA as eligible to receive compensation as a result of pre-discharge disability examination and rating or on the basis of a pre-discharge review of existing medical evidence (including service medical and treatment records) that results in issuance of a memorandum rating.Veterans entitled to receive compensation, but who are not presently in receipt because they are on active duty.Surviving spouses of veterans who died in service or from service- connected disabilities (whether or not such surviving spouses are veterans with their own entitlement and whether or not they are using their own entitlement on the loan). source: VA Pamphlet 26-7 (Lenders Handbook)http://www.benefits.va.gov/WARMS/docs/admin26/handbook/ChapterLendersHanbookChapter8.pdfwww.VALoans.com is also a pretty good source of information regarding VA loans.  

But, do not discount the value of an existing mortgage that you acquired without thinking of the property as a long-term buy & hold and the ability to have a renter retire that loan for you at an accelerated rate.  

retired from REI.

Hi all,There is a seller wanting to sell his house because he's retiring.

Are long term goal is for it to allow my husband to "retire" out of the military and not need to pick up a second career.

You cannot use any asset of your IRA/Roth IRA as collateral for a personal loan, nor can you use any equity in those IRA-owned properties for personal investment.What you may be able to do is refinance those properties within the IRA via non-recourse loans, and then use the cash out to purchase additional investment properties within your retirement account, to grow your retirement portfolio.Otherwise, it's hands-off those properties.

I retired at age 50 with a comfortable income.