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Updated over 6 years ago on . Most recent reply

User Stats

8
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2
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Trenton Zimmerman
  • Colorado Springs, CO
2
Votes |
8
Posts

PCS to Colorado Springs

Trenton Zimmerman
  • Colorado Springs, CO
Posted
Hello in February I’m PCSing to Carson and would like to know if anyone is overthere to help guid me in the right direction and let me shadow them for a while. Also would like some advice on wether I should sell my condo or rent it out, it’s in Hawaii had it since March 2017 for 371000 but after all fees and such it ended up being 377000 at 4% using the VA loan. I have yet to refi

Most Popular Reply

User Stats

293
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192
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Jared Viernes
  • Investor
  • Wichita, KS
192
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293
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Jared Viernes
  • Investor
  • Wichita, KS
Replied

Holy crap Schofield then Carson? How lucky are you?

If you can get your condo to cash flow there is no reason not to keep it. You might want to talk to a realtor to see what the market value might be. If it has appreciated enough you might use the cash somewhere else with better cash flow.

I doubt you’ll get cash flow near Carson either but since you’ll be getting BAH anyway you should definitely buy again with the intent to rent out or sell after you PCS again. Once again start talking to a realtor ahead of time to open your options up and start to get an idea of the market.

I highly suggest you look for a realtor with the Military Relocation Professional (MRP) designation because they have taken extra courses to learn more about service members and more importantly the VA loan. Best of luck to you!

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