Our son bought a lovely four-bedroom house at 23 just before things went crazy which I posted here and above. But, he’s in the Army, so VA loan. He will be selling this house and moving to MD (not PA as posted above, Semper Gumby) in August. His VA loan eligibility and BAH (Basic Allowance for Housing) will reset, he will clear a nice profit from the GA house, he will be earning a captain’s salary by then, and he will have the addition of a wife and her income. They have no debt other than their cars. They will do a short-term rental near base while they look for either another house or a place in the city. His BAH will not cover the entire gap in this new market, but his salary will be able to handle the difference. I don’t recommend the military as a way to enter the housing market, but if you go that route as an officer, it appears they take care of you.
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