Newbie Investing out of State

[Jessie Nunley]

Hello everyone,

I have watched many webinars, listened to countless podcasts, and read tons of articles on BP. I have even got in touch with an investor in my local area and spoke with them on the phone. My question for you is how do I start investing when I know I will be moving to another state in 15 months. I am active duty military (already posted in the military section) who will be leaving active duty to become a nurse. The area I will be moving to is close to my home town and most likely the place I will stay for a long time. Should I attempt to buy a property now in that town with little to no money down and pay down the mortgage or try to rent it while I still here? Or should I just save up and wait until I move there? I currently have $7k in savings and am able to save $1200 per month.

V/R

Jessie Nunley