Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago,

User Stats

10
Posts
2
Votes
Wyatt Anderson
  • MO
2
Votes |
10
Posts

Invest or dream home?

Wyatt Anderson
  • MO
Posted

Hello,

I am currently in the military, active duty. I have been in for seven years and I don't see myself retiring from it. I have a pretty good résumé and I like to think that I have a good chance when I'm out. With that being said I am on recruiting duty and I am close to my hometown where I want to live. My mother-in-law has 69 acres and it was the house my wife grew up in. We want to raise our children there (3 yo and 2 mo) and that is the whole goal of getting that property and house. The house and property is probably worth $800,000 and we can probably get a pretty good deal on it because she wants to keep it in the family as well though has not given a specific price. I have 2 1/2 years left in the military and my question is should I try to buy duplex right now or get that property utilizing the VA loan.  My goals multi family but I don't want to use the VA loan and get wrapped up in something and not be able to use it down the road. I think I have my answer but I just want to hear different perspectives.

Thank you

Loading replies...