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Updated over 4 years ago on . Most recent reply

Should I stay in the military a few more years to invest?
Hello everyone! This is my first time using biggerpockets.com's website and I've found the information on YouTube extremely helpful.
I will hit 20 years in the Air Force in January but I've extended until June of 2021 to complete a deployment.
I currently have a remaining balance on my primary house of $222K which we pay $1515 a month. I recently found out that I have enough entitlement with my current VA loan to buy a investment property up to $265K. I would likely use $125K or less
My wife and I talked about it and agreed to buy an investment property when I come back next year. At that time, I'll have the option to extend my military service for 24 months, or to re-enlist for 4-6 years.
Should I extend my military service so I have a steady income coming in, or should I just live on my retirement and my wife's income, which will likely be less than 50% of what I'm making now to focus on investing full time?
Thank you for any input