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20 August 2018 | 10 replies
Also....if you already own a property literally within 100 miles of where you are trying to get the FHA loan then the FHA will not let you get that loan.Other then that it is VERY similar to the VA Loan.If you're getting orders to another base....I would simply wait until you get there and (as long as it's 100 miles away from where your VA loan is) then use the FHA loan to buy a small multifamily.Live there for a year in the FHA property.....THEN refi out of your FIRST VA loan........turn it into a conventional loan.......and then Get a VA Loan at the new duty station that you got the FHA loan at.....then when you get orders somewhere else....REPEAT.I know of people that did this VERY succesfully when I was in the Navy and when they did their 20 years they ended up with 2 properties at each duty station every 3 or 4 years for a total of 20 plus duplexes that supplemented their military pension and literally were able to retire at 39 and 40 years old respectively.
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14 July 2018 | 0 replies
I am a Navy service member, Active Duty, currently stationed in Maryland.
28 July 2018 | 6 replies
If veteran or can get in, Navy federal is good...
24 August 2019 | 22 replies
I’m senior leadership in the Navy here in OKC.
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9 June 2018 | 98 replies
I have no desire to put myself into a position of default.. but there is risk in everything we do and on that project we made a little over 2 million NET on that in the last 4 months so i will take it.. and run to the bank.. on a personal side I own no rentals and i have zero debt I own my homes free and clear .. so yes is learned. last go around..Sounds like you learned your lesson and are doing things right this time around (and btw, as a Navy vet, thx for your support of vets with VA loans others won't accept).
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17 June 2018 | 25 replies
Navy fed said they could help as long as I could get the va approval
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10 July 2018 | 3 replies
I am in the military (20 years +) (World's Greatest Navy).
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30 June 2018 | 10 replies
My suggestion: don't buy in D.C. unless you plan on living there for the rest of your Navy career and continue living there after the Navy.
13 March 2019 | 1 reply
My husband is a navy veteran he has a HUD vash voucher threw the VA hospital he lives in Detroit, Michigan he has two more months to find a place can he port somewhere else and use his voucher or do he have to stay in Detroit and use his voucher for a year?
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14 June 2018 | 10 replies
Not originally from the area but 20 plus years in the US Navy, Norfolk VA has become my adopted home.