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Updated over 7 years ago on . Most recent reply

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13
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2
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Tyler Hart
  • Basehor, KS
2
Votes |
13
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Invest while im stilk in the army?

Tyler Hart
  • Basehor, KS
Posted
Brand new to this forum and real estate, currently in the army stationed in hawaii and my plan was to use my VA home loan on a duplex when i get out in 4 years and pay it off asap and start from there. Wanted to know some takes on rental property, some tips on how you got started and if i should invest while im still in and just get a property manager. love to hear what some of you guys think.

Most Popular Reply

User Stats

27
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5
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Ryan Lee
  • Investor
  • Salt Lake City, UT
5
Votes |
27
Posts
Ryan Lee
  • Investor
  • Salt Lake City, UT
Replied

@Tyler Hart, I'm not too familiar with the VA loan, but doesn't it require the property to be owner occupied? If you can buy an investment property with it, I would absolutely buy one as soon as you can and find a good recommended property manager, family member, or friend to help manage the units.

I honestly think that if you are in a position to live in a unit and rent out the rest of the units in a small apartment building that is a great way to start. You practically live for free and then can save up for another rental property. 

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