Active Military, Colorado Springs, Investing (First Time)
Aloha Bigger Pockets forum members! I am an active duty Soldier about to be stationed at Ft Carson in appx 4 months and want to make the most informed investment decision I possibly can, which is why I am here to ask you all this: What would your strategy be for investing with the information given below? Anybody have any knowledge on where the growth of the Springs in headed? Any pro-tips specific to this market or in general?
My situation:
Budget of ~230,000, First Home Buy, Intend for it to be a real estate investment (I wont be there for more than 3 years), plan on using VA loan, plan on renting it out when I leave, just hit my 11 year mark in the Army.
Thanks!
SSG W
Most Popular Reply
I think you will find that most people that deal with lenders on a daily basis, would recommend NOT using a national bank for their lending. Just too many issues and not enough customer service. Use a local lender that knows the market and the products. And if there is a hiccup in the process, you have a place to go for answers. You'll never see a national bank have a loan officer at closing, my loan officer attends almost all my closings (and takes me out to lunch!)