Starting out in Phoenix, AZ

[Casey Kendzior]

Hello everyone,

I’m looking for advice/critique for my current plan of getting my foot through the door. I figured if I made a thread I’d be able to run it by as many minds as I could and make corrections where it’s needed.

Goal: Obtain two properties in the next 12 months.

Situation: I am currently deployed (Army Reserve). I'm from the Twin Cities but will be looking to relocate to Mesa, AZ post deployment. I have 50k saved, 760 credit score, and the VA loan to my advantage. I will be attending school in Phoenix to obtain my BSN which will qualify me for 60% of the GI Bill ($1000 in monthly housing allowance in the area).

Home 1 - My brother and his girl currently live in Mesa and we plan on all moving in together so they can get into something bigger. With that said, I plan on house hacking a SFH using the VA Home Loan with them paying the mortgage/utilities as I use the GI Bill allowance to pay my share (with a good percentage leftover).

Home 2 - This is where I'm not entirely solid on what I should do. With the cash I have reserved (by this point it should be more than the 50K), should I be looking into another SFH? Multi? Does it matter as long as it's smart? Do I have enough to BRRRR? I know there's not one answer for this question.

If there’s anything I didn’t factor in, overlooked, or didn’t elaborate on, please let me know. I know there’s a wealth of knowledge on here, so I appreciate any and all replies!

- Casey K