Any type of loans for a Active duty Military?

[Brandon Proctor]

Hi all, I know its been quite awhile since I have posted on this great site but I'm back and have a question or two. I am currently in the Air Force and I'm very interested in REI. Just wondering if there are any programs out there for active duty members that could help them with their REI dreams.

[Stephen Brown]

@Brandon Proctor 

VA's loans are great for owner occupied purchases. But if you are really interested in jumping full time into real estate investing, active duty military members can qualify for a small business loan through the Patriot Express Loan Initiative:

The Patriot Express Loan Initiative is designed to help you get the money you need to start a business quickly. In most cases, you will be able to get a low interest rate between 2.25% and 4.75%. You will also know if you can get the money within 36 hours of applying. With this loan, you can potentially get your hands on up to $500,000 to start your own business or expand an existing one. This represents a major perk of being in the military.

Read more: http://www.finweb.com/loans/3-types-of-military-financial-loans-for-active-duty-personnel.html#ixzz3B0HM73xW