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Updated over 5 years ago on . Most recent reply

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Jake Greener
  • Investor
  • MN (minnesota)
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Military Real estate benefits

Jake Greener
  • Investor
  • MN (minnesota)
Posted

Thinking about joining the military.

Out of curiosity ONLY: investing has nothing to do with my will to join, but what strategies can you use as part of the military?

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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
Replied

Funny, when I joined the military the drill sergeant asked everyone why they joined. ONE guy said it was for love on country, and he was teased for it. That just aint why the majority of people join

Also, the VA loan is a DECENT advantage for primary home buyers but not great and often highly overrated, it often gets people into more trouble than it helps as well. It lets you buy a house with 0% down, that's ALL, and buying a house with zero equity isn't that smart of an idea to begin with.

Joining the military for economic and social opportunity isn't a bad idea, but real estate benefits are quite limited. 

the VA loan is often a trap for new investors:

https://www.biggerpockets.com/blog/va-loan-program-trap-rental-investors

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