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  1. M

    If you have an active military pension, then how much is FERS retirement worth?

    @godsson01 Yes, but if you delay buying back your military time when you start as a GS and wait until you’re close to retire as a GS you’ll have to pay the buy back amount plus interest from when you first started as a GS. Could be a big number.
  2. M

    If you have an active military pension, then how much is FERS retirement worth?

    @marc422 His military pension dropped to 0. His methodology was he will be making a much larger pension.
  3. M

    If you have an active military pension, then how much is FERS retirement worth?

    @marc422 A buddy of mine retired E-6 got a GS job, bought back all his military time which dropped his military pension. He is a GS-14 and has 5 years left until he retires.
  4. M

    Working the numbers for buying first house

    @davidolonge With my income I can afford the property with no tenants at all. So this is very low risk.
  5. M

    Working the numbers for buying first house

    @davidolonge Looking at other rentals with 3 bedrooms in the area are renting between $1000-2000/month. The $2000/month are homes in a gated community. I even looked up how much an E-5 with dependents would get BAH in the area and it’s $1278.
  6. M

    Working the numbers for buying first house

    @charles15 I figured 20% but if it's 25% it's still not an issue. I knew I couldn't use my VA loan for this. But what I was trying to say above on my next purchase I plan on using a VA loan.
  7. M

    Working the numbers for buying first house

    @charles15 I'm stationed overseas, so I'm not at a location where I would want to buy a home at. I may end up living in one side of the duplex when I retire or use my VA loan and buy something else. That is too far in the future to decide at this moment in time.
  8. M

    Working the numbers for buying first house

    @destiny32 From a Reddit post actually.
  9. M

    Working the numbers for buying first house

    @godsplan The numbers are real for buying price and average rent for the area. I'm buying the duplex from my father who recently inherited it and doesn't want to keep it.
  10. M

    Working the numbers for buying first house

    @sloanep Already found, and the current tenant has been living there for 6 years.
  11. M

    Working the numbers for buying first house

    I've been working out the numbers for buying my first house which will be a duplex investment property. I have the worksheet linked below, am I missing anything? I have about 5 years left before I retire from the military. So far it maths out...
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