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All Forum Posts by: Ronald Bredemeier

Ronald Bredemeier has started 1 posts and replied 3 times.

Thank you for your service @Aaron Hale @Taylor Chiu

@Aaron Hale I don't believe I get BAH yet. I've only been in the marine corps 6 months. I'm an E-2 and I pretty sure I have to be E-5 to rate BAH or be married (my mother would kill me if I got married just to get BAH) As far as the VA loan I just hit the 181 day active duty requirement yesterday, so I can definitely go that route. I need to speak to professionals to see what I'll be able to afford. Have you worked with a user of the VA loan here in Honolulu? @Duc Ong

Hello everyone, I am currently active duty military (USMC). I have 3 1/2years left on my active contract. I was really interested in real estate before I had joined. I’ve heard of other active duty members buying properties at each duty station, and then renting them out. I thought it was a good idea. That was until I got stationed in Honolulu, Hawaii. Everything is really expensive here. However, I don’t want to be stagnant for 3 1/2 years, but I also don’t want to bite off more than I can chew. I can easily save $1500 per month, just to be safe we’ll say $1000. I have $4000 in that real estate savings account as of right now. My question is, should I think about investing out of state with the position that I am in? (I’m originally from Lincoln, Nebraska) Or should I try and make something happen here in Honolulu?