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Updated almost 17 years ago on . Most recent reply

User Stats

133
Posts
10
Votes
Matthew Green
  • Contractor
  • Niagara Falls/Buffalo, NY
10
Votes |
133
Posts

Beginning Plan

Matthew Green
  • Contractor
  • Niagara Falls/Buffalo, NY
Posted

heres my situation:

im in the air force and receive about 1600 a month right now with basically no overhead. its likely that i wont be stationed in one place more than 2 years. however ive been thinking that it seems like a good idea to purchase a home where i am stationed and then rent it out to either other airmen or anyone. and when and if i get stationed elsewhere, i can sell the house or keep it as a rental. of course i plan to aggressively find an investment property below market value that will generate cash flow. also i can use this propertys equity to finance another home and etc. does this sound like a workable plan....

thanks

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