Fastest way to become Financially Free

1. House Hacking with VA Loan:

   Utilizing the VA loan to house hack can significantly alter your financial trajectory. By purchasing a fourplex with zero down payment, having three tenants cover the majority of your mortgage, and receiving a housing allowance, you can potentially pocket extra income. For example, in a city like San Diego, where housing allowances can be substantial, this strategy can generate significant savings and income.

2. Financial Impact:

   With savvy management, the surplus generated from house hacking can accumulate rapidly. Over three years, the extra income could amount to nearly $60,000, which could serve as a substantial down payment for another property. This presents an opportunity to further expand your real estate portfolio or invest in other assets.

3. Smart Investment Choices:

   It's crucial to wisely allocate the additional funds generated from house hacking. Investing in vehicles like a Vanguard vtsax index fund or a high-yield savings account can offer a return on investment, potentially increasing the funds over time. By making informed financial decisions, you can maximize the benefits of house hacking and secure long-term financial stability.

In summary, leveraging the VA loan for house hacking can be a powerful strategy for building wealth and achieving financial freedom. By intelligently managing the surplus income generated and making strategic investment choices, individuals can significantly enhance their financial prospects in a relatively short period.