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Updated almost 5 years ago on . Most recent reply

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Chancellor Frankson
  • Hampton, VA
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Virginia Real-Estate Newbie

Chancellor Frankson
  • Hampton, VA
Posted

Military member living in the Hampton Virginia area, when approved to move off base, we receive an allowance to find a living situation. Currently mulling over my options to begin purchasing my first property, I would appreciate input from the BP community. Should I get an apartment first and wait to invest or should I take advantage of my VA loan and allowances as soon as the opportunity presents itself?

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Wesley Quinn
  • Rental Property Investor
  • Hampton VA.
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Wesley Quinn
  • Rental Property Investor
  • Hampton VA.
Replied

@Chancellor Frankson

Navy sailor. Here's my two cents

If you are getting BAH then use your VA lone.

If you are unsure of cost talk to your command financial specialist to prove you can afford it.

It'll pay off on the backend.

And as always while young roommates help keep cost low.

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