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Updated about 8 years ago,

User Stats

2
Posts
1
Votes
Raymond G.
  • Investor
  • Clarksville, TN
1
Votes |
2
Posts

23 Year Old Ambitous Military Soldier Confused.

Raymond G.
  • Investor
  • Clarksville, TN
Posted

Hello, I am married and currently in the Military. I have one property that I bought when I was 20, it is a single family home for 180,000 with a mortgage of $1,000. My credit score is very good and I am looking into real estate investing as another source of income while I am still in the Military. I am stationed in Germany and am currently renting my home. But now I find myself at a stand still for my plan in real estate. My next move I was planning was a quad plex or duplex. Live in one and rent the other three out. I'm planning to sell my single family house to pursue a quad plex which is $400,000. Then I was planning to co sign and buy a $100,000 home for my mother so she can live, then in the future maybe rent it out. I am at a lost in general, my mind is like a whirlpool right now as far as what to do next. I am 23 years old I am very ambitious, very detail minded, and wanting to create a foundation for my children so they have opportunities that I never had in life. What should be my next move/plan for real estate?

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