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Updated over 4 years ago, 05/16/2020
Military Real Estate Investors
Hi everyone,
I am a young, 23 years old, military officer looking to begin investing in real estate. I am stationed in San Diego where the house prices seem to be crazy expensive unless you want to live east, outside the city. I am looking at buying a 4 unit multifamily property where I can live in one of the units and rent the other ones out. Financially, I would be able to use the VA loan for this property and the military BAH is ~$2500/month for the area. I've been doing a lot of research on the area and about rental property investing as a whole. Does anyone have advice on starting out with this type of property? Or being in the military and doing RE investing at the same time?
Any advice is appreciated, thanks!