Stop paying your land lords mortgage with your BAH. Stop renting and start buying property using the VA Loan with 0% down payment and low interest rates. Own your own property and see how military members are retiring rich.
HOW MILITARY MEMBERS
RANCHO COASTAL PROPERTIES, INC.
“I always thought I would have to
work through my retirement. Now I
can relax and do as I please.”
BRE # 01983904
RANCHO COASTAL PROPERTIES
2833 CACATUA ST.
BRE # 01836634
Rancho Coastal Properties, Inc. –Brandon Foster, Realtor
2833 Cacatua St. Carlsbad, CA., 92009
email@example.com – 760-583-9757
While in the military I never thought I
could get a loan due to me living month
to month on my pay check. Little did I
know that I was paying someone else to
get rich. Yes every time I made a rent
payment I was paying for my landlord to
get richer. Finally I learnt about the VA
loan, 0% down with no upfront cost, I was
able to buy a house for the same amount
that I was paying for rent.
Not only that, due to the tax break you
receive for owning a house or condo, I
was able to get money back at the end of
the year. The process allowed me to
move into my own home. I lived in it for a
while and then when I had to relocate I
rented it out. Now that person was paying
for me to get rich.
By the time I retired the house had
increased in value by 100%. With having
someone else pay the rent for most of the
time I owned it meant that I had paid
almost nothing towards paying down my
loan. This meant that when I retired I sold
the property and was able to purchase
another house for cash where I was based
when I retired.
INSIDE THIS ISSUE
How to Get Started 2
Transferring or Moving Base or Station 4
The Future 5
I now am rich, earning my retirement with
no home payments and dividends from the
cash I invested after the purchase.
How to Get Started
Being in the military is hard and the pay
can make it harder to set up a future
where you can be wealthy too. There is a
way though. To compensate its members
for their hard work, the government has
created many programs. These programs
are part of your pay and military members
really should use them. Places to find out
about all these benefits can be found at,
www.military.com or www.ebenfits.gov.
Base pay is very minimal; however BAH is a
fair market price for housing in the area
where you are based. This compensation
can make you wealthy. This amount is
usually given to landlords every month due
to the fact that military members do not
know that they can get a loan for a house
for this amount. They are often scared due
to the fact they would have to relocate too
often. There is an answer to both these
By Brandon Foster
Can you afford to get a loan for a
property on your pay scale?
The answer is almost, always, yes. This is
due to the fact that to be in the military
your salary is considered very stable and
therefore the banks are more willing to
give military members loans. Combine
this with one of your benefits a VA Loan
and you are even more likely to get the
loan. (Below we will go into how to do
I have to relocate every three to four years
and cannot make two mortgages or a
rental and mortgage payment.
The answer to this is, „you need to
research where you buy to make sure that
the house you buy has a rental demand‟.
Combine this with the increasing demand
for rentals in the USA it will make renting
your property to cover all or most of the
mortgage payment easy. (refer to below
on how to do this)
So how do you get started on you path
way to wealth?
1. Contact a mortgage company or
bank and ask for a pre-approval for
a VA Loan. They will take you
through a process of getting your
financials, credit score and asset
statements to see how much of a
loan you qualify. Remember to keep
the amount for below or close to
your BAH amount. If one bank will
not loan to you always remember to
try a second or a third.
Combine this with one of your
benefits, a VA Loan and you are
even more likely to get the
You want to make sure that it‟s
below or close to your BAH
amount because this way you can
also tap your fellow military
members who are stationed at
your base, to rent to them when
The great thing about the VA loan
is that you do not have to put any
money down on the property
when you purchase it. This means
you need hardly any savings. This
allows you to get into the real
estate game with hardly any
money in your savings account.
This is how you can go from close
to broke to stepping stone to
The loan officer will finally get
you a pre-approval letter for the
amount of loan they are willing to
2. Contact VA home loan specialist,
real estate agent, Brandon Foster.
760-583-9757. Using his knowledge
of the San Diego and its surrounding
county real estate market, he will
search the MLS (real estate property
search engine) for you. He will search
for the perfect condo or home that
will fit your family‟s needs as well as
the requirements to make it a future
3. Go through the home or condo search
and find your perfect property. With
the help of your real estate agent,
place an offer and hopefully get
You now are a proud home owner.
Complete your tour at your base or
station. Making improvements to your
property and growing equity in the
property as you live in it and pay
down your loan. (this depends on the
market but on average always goes up
in price) Make sure to talk to a tax
expert when doing your taxes as you
can get great returns and deductibles
being a home owner.
Transferring or Moving Base
Now comes time to transfer or change base.
You need to start as early as possible and
examine the rental market for around your
property, for like kind properties. Get a
competitive rental figure in mind that will
cover or come close to covering your
1. Contact a property management
company. Ask for how much they
charge to rent and manage your
house or condo. Make sure that
money paid in rent, minus their fees
still covers your mortgage payment.
(or as close as you can) If the deal
looks good, from the property
management company, sign up with
them. ( try not to manage your own
property, you are too busy with the
military to worry about the rental)
2. At your new duty station contact a
loan company and ask them to check
if you still have eligibility left on your
VA loan. Depending on the location
you are in you could still have
eligibility to get a second VA Home
If you do have eligibility, use the VA
Loan and begin the process over
again attaining a second property.
If you do not have eligibility you can
ask the loan company to try and get
you a conventional loan. If the
conventional loan requires that you
put down too much money, that you
don‟t have or is too difficult, rent.
Yes this is a time to save. Find a
reasonable rental and use this as a
time to gain equity in your first
property and build up your savings.
3. On moving your second time, if you
were able to purchase a second home
look for a property manager again
and begin that process to get it
rented. If you rented this tour, look
to purchasing at your new duty
station with the money you saved as
a down payment. Or if your new
location gives you more eligibility in
your VA loan use the VA loan to get
a second VA Loan.
4. As you move from station to station
keep an eye on the value of your
properties. If you see that you have
gained a large amount of equity in
one of your properties, sell the
property and move the cash into a
new property as a large down
payment or total cash purchase.
You might be able to use a 1031
exchange to save yourself from
owing capital gains tax. (ask a tax
expert or attorney for help in this
This is where you must be wise but
can start to become very wealthy as
you attain more and more property.
If you do it correctly you could own
four properties earning rental
income by the time you retire. Or
one or two properties you own out
right that you could liquidate and
purchase a large property to retire
in with cash left over to invest
The future can be very bright for military
members if they play their cards right and
use the compensation and benefits
afforded to them, through their jobs.
“This is where you must be wise but can
start to become very wealthy as you
attain more and more property.”
“make yourself wealthy…..
For more information on how to make
yourself wealthy, please contact Brandon
Foster at the phone number or email to
Lic # 01983904
Rancho Coastal Properties, Inc.
2833 Cacatua St.