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| Name | Broke to Millionaire in 5 Years w/ Military Real Estate Investing |
| Video Uploader | Video From BiggerPockets |
| Upload Date | This Video Uploaded At 03-07-2024 13:00:04 |
| Video Discription | Episode #982 Episode Show Notes: https://link.chtbl.com/BPRE Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Buy the Book “Rich Dad Poor Dad”: https://store.biggerpockets.com/products/rich-dad-poor-dad?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders See Dave at BPCON2024 in Cancun! https://www.biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none BiggerPockets Real Estate - Episode 734: Seller Red Flags I Should Have Seen Before Doing a Nightmare Deal w/ David Pere: https://www.biggerpockets.com/blog/real-estate-734?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with David Pere on BiggerPockets: https://www.biggerpockets.com/users/usmc3140?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave Meyer on BiggerPockets: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Military real estate investing is perhaps the easiest way for veterans to reach financial freedom. Today’s guest is a prime example, going from broke recruiter to “military millionaire” in just FIVE years. And get this—military real estate isn’t just for service members. Everyday investors can take advantage of certain perks, too! Welcome back to the “BiggerPockets Real Estate” podcast! During his first seven years in the U.S. Marine Corps, David Pere was a serial spender, blowing each paycheck and saving very little money. But when a friend recommended the personal finance classic, “Rich Dad Poor Dad,” things finally clicked, and David realized the unique investing opportunities the military provided. Within four months, he had taken advantage of the favorable VA loan and bought his first house hack! In today’s episode, you’ll learn how the military puts you in a great position to take financial risks early in your career. David takes a deep dive into VA loans, their benefits, their requirements, and what buyers and sellers should know. He even shares the best-kept secret in military investing—the Interest Rate Reduction Refinance Loan (IRRRL) program—which makes it EASY for investors to score a better interest rate! 00:00 Intro 01:14 Buying His First House Hack 05:57 Military Real Estate Investing 101 09:11 VA Loan Benefits & Requirements 14:57 Reusing VA Loans & Finding Lenders 18:24 Assuming VA Loans & the “IRRRL” 23:14 HUGE Military Investing Advantages 26:21 Connect with David! |
| Category | Education |
| Tags | military real estate investing | military real estate | real estate investing | real estate | va loan | va loans explained | va loans what you need to know | assuming va loans | assumable va loans explained | are va mortgages assumable | are va loans assumable | assuming va mortgages | what are va loans | va home loans | va mortgages | the irrrl | va irrrl | irrrl program | interest rate reduction refinance loan | home loans for vets | financial freedom | david pere | biggerpockets | podcast |
