Investing in Real Estate While on Active Duty

Investing In Real Estate While On Active Duty

Published On: January 13th, 2019Last Updated: January 13th, 2019Categories: Business, Hard Money, Investing, Investment, Investment Properties, Investments, Leasing Your PropertyTags:

One soldier who served in the Army and was deployed to Afghanistan in 2011–12 told Realtor.com how he managed to buy five homes in five years and eventually kick off a new career in real estate investing. When he’d move to a new base, he didn’t sell the home, he rented it out.

“I bought five homes in five years,”he explained. He had purchased his first house while stationed in Fort Sill, OK. A year later, he moved to Fort Hood and used income from his For Sill house to pay his first mortgage. He repeated the pattern with each relocation. When he left the army, he ended up a real estate agent and had several homes as investment properties. Investing in properties near a military base is often a smart idea.

Ask us if a hard money loan might be able to help you invest in real estate while on active duty. We offer hard money loan in Atlanta, Nashville, Florida, North Carolina and South Carolina. So, if you’re stationed in Pope Air Force Base in Manchester, Seymour Johnson Air Force Base in Goldsboro, Fort Bragg Army Base in Fayetteville, Simmons Army Airfield in Cumberland, Camp Lejeune Marine Corps Base in Onslow County, MCAS New River Marine Corps Base in Jacksonville, Tyndall Air Force Base in Panama City, Macdill Air Force Base in Tampa or another military base in the Southeast, contact us to see if we can help!

Are You Looking for a Hard Money Loan to Flip a House Or Buy A Rental Property?

Paces Funding is a hard money lender offering hard money loans to purchase and renovate non-owner occupied residential and commercial properties throughout the Atlanta, Nashville, Florida, or the North and South Carolina metropolitan areas. Our application process for hard money loans is easy. Just fill out this very simple online form and you will be contacted shortly. Unlike other lenders, the window between applying and funding is very small. We have funded properties in as a little as one day, but typically funding hard money loans takes about seven to ten days.

Call us at 404-814-1644 or contact us online to find out whether you might qualify for this type of funding. In the meantime, check to ensure that you meet our loan criteria. Our loan amounts can be up to 65 percent of the after-repaired value of the collateral—and if you use the loan for renovation or construction, the loan amount can be based on the collateral’s improved value.