Newbie Using the VA Loan in Shreveport, LA

[Jay Kizll]

Hi Guys,

New to investing in properties. I've met a few other active duty members who own multiple single family homes. They used the VA Loan and take advantage of the fact that we get a housing allowance. They then used this to pay the mortgage for the few years that they live near that base. They also use property managers or just rent to other military members in order to continue to build equity on the properties. the cycle repeats at the next base. I intend on doing the same. I am still on lease until November and want to educate myself before I make the plunge. There are great remodeled properties near center downtown for less than $180k. There are also new builds that are about 20 minutes from the city center for $216k. I can have the latter customized but the older houses near the city center have proven themselves through floods and other natural issues in the area. I am looking to network and learn as much as possible before I buy my first 3 bed 2 bath future!