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That's because his house was in England. And what rank was he? No one says you have to wait till your last duty station to buy but the reason why most do is because of others getting really stuck in pinches where they were PCS'd to another station and having to cover the mortgage cuz their house didn't rent yet...you will have to make sure whatever you buy is rentable and appealing and will rent fast... just so much to think of--- think maybe you should make a list of all the action items and make an appt. w/ financial advisor on post- do they still have them for free? Used to, but so much has been cut back in mil.
pavetim wrote:
Well I appreciate all the info. But I do disagree with some. I know it is all a roll of the dice when you buy a house, especially being in the military. But I know guys who bought houses, got changed duty stations and made 40-60 just in 2 years. I know one guy who bought a house in england and when he sold his house he walked away with 300K. So yes you can get in a hard place, but you can also be in good place. If I stay in the military I will retire in 13 years, i'm not holding off 13 years to buy a house. But I will wait a little while and get my scores up. Thanks.