I think this plan will work, thoughts?
Posted on
A good friend of the family joined the Air Force and for the last 4 years he's been stationed in Germany. He's been saving up for a down payment for a house and has a decent chunk of change for that (about $30k) He's going be getting stationed in Georgia. His plan is to buy house, use his BAH to pay down the mortgage well he's there. When he PCSes he rents it out and will buy a new house at his next duty station and rinse and repeat the process until he retires.
At the end of his career he figures he'll have 4-5 properties
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