Real Estate Advice

[kekeith]

I (28m) am moving to Tennessee for my next duty station. I will be renting my house in N.C. for the foreseeable future and am buying a new build near post in Clarksville.

Currently have 50k in Taxable Brokerage, maxing out the TSP, and over 20k in my HYSA. Not included in this is my equity in my N.C. Home (purchased in 2021), my paid off 2020 F150.

I’ve used the VA loan twice so far and had to put 5% down to avoid the 3% fee.

I’m thinking of jumping into the Duplex game once I arrive in Clarksville but I’m not sure how I want to finance it. I certainly want to avoid the VA fee if possible, but if it’s still a better deal than a 20% down payment with a standard loan, then I’ll go for it.

Any ideas?

 

[cab1]

@kekeith No advice specifically for real estate but I would recommend opening a Roth IRA and working on building that as well. There are large tax benefits that are being missed by utilizing a taxable brokerage without first utilizing a Roth IRA. Other that you’ve got a solid base

 

[tristatelady]

@kekeith Man, you guys nowadays have your stuff squared away! I was always busy with the next deployment to even think about investing. Good for you.

 

[godsorocks]

@kekeith No advice, just wanted to say you’re doing well! Keep it going.