Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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 7 years ago on . Most recent reply

User Stats

5
Posts
3
Votes
Alek Truitt
  • Cedar Hill, TX
3
Votes |
5
Posts

Military member looking to get starting in investing.

Alek Truitt
  • Cedar Hill, TX
Posted

I'm currently in the military stationed overseas and frankly this is not what I'm cut out for. I would love to get started in Real estate but I won't be coming home until late 2019. My wife and I want to get a multifamily home and live in one unit while renting out the others in order to take advantage of the VA loans 0% down payment since we don't have a lot of money to put towards a house. However, I don't want to wait another almost two years to get started. I have done a lot of research into this and I know I could make it work if I was in the States but unfortunately I am not. Do any of you who may have more experience have advice or recommendations on how I can overcome this huge starting hurtle?

A few answers to questions that I have seen asked on a lot of similar posts are:

Our end goal is to make at least $6,000 a month passively by the time we are 35, and live somewhere it doesn’t snow.

I do not plan on staying in the military, but obviously that could change depending on life.

I do know a few people who have a little experience in real estate and quite a few people who have extensive knowledge in every area of construction.

I am currently obtaining my bachelors in IT management and may get a job in that field to help fund this but I would prefer not to if possible.

Thank you in advance

Loading replies...