Key insights
- The individual is considering diversifying into real estate using a VA loan for house hacking, aiming for cash flow and eventual relocation abroad. While the VA loan offers advantages, lack of handyman skills and market conditions are key considerations. The decision hinges on risk tolerance, time commitment, and belief in real estate's potential versus continued stock market investment. The impact on US equities is slightly positive as increased real estate investment can stimulate housing-related sectors.
I am 25 with currently 200k in the stock market spilt between a Roth IRA, TSP and taxable accounts. For a long time I’ve had an interest into getting into a real estate to build consistent cash flow, also live for free or very cheaply by doing a house hack to start off with.
Some additional info about me I am an American veteran that has access to the VA loan ( zero down payment on a house) and I get roughly $2500 a month in tax free compensation. My ultimate goal is to move abroad and live a chill life. I am not mechanically inclined and have zero idea how to do house maintenance. I’m single with no kids.