Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Local Real Estate Networking
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

2
Posts
0
Votes
Chancellor Frankson
  • Hampton, VA
0
Votes |
2
Posts

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?

Most Popular Reply

User Stats

7
Posts
3
Votes
Wesley Quinn
  • Rental Property Investor
  • Hampton VA.
3
Votes |
7
Posts
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.

Loading replies...