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Updated about 7 years ago on . Most recent reply
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New to BiggerPockets, Hello Everyone!
Hello BiggerPockets forum members!
My name is Bradford and I just recently made an account on BiggerPockets to learn as much as I can about real estate investing as a possible way to diversify my investments. I'm currently living in Texas, recently married, and am in the US Air Force. Knowing that I'll be moving every three years approximately, I've heard that other members in the military have used the opportunity of moving to buy a house at each base to steadily increase their real estate investment without over expanding.
I'm not looking to begin investing for at least a few years until I finish up with training, but educating myself as much as I can is at the top of my list. So hello to everyone and I'm excited to be here!
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@Bradford R. Welcome to BP! Solid plan to take the time to learn as much as possible so you will be armed with knowledge before diving in. A great advantage for us active duty folks is leveraging the VA loan program to get into a property with no money down...this is especially powerful when used with 2-4 unit properties as you fit the requirement of living in the property as your primary and then PCS away and fill your old unit with another tenant. This strategy can follow you from one duty station to another. There are rules involved and ways to maximize this program so look into the forums for more details on this. Congrats on your decision to get into REI and good luck!