Temporary recruiters buying a house?

PO1 Private RallyPoint Member — Fri, 27 Jun 2014 06:45:08 -0400

For those of us non-permanent recruiters, have you bought a house and has it been worth it?

Response by SFC Private RallyPoint Member made Jun 27 at 2014 5:20 PM

SFC Private RallyPoint Member — Fri, 27 Jun 2014 17:20:43 -0400

As prior non-permanent recruiter, I did not buy a house. The market was really not feasible to but a house, instead we rented. I will let you know other fellow recruiters did buy a house, but had a very tough time selling it when the 3yr tour was up. In fact they lost money. The only person who can decide if it is worth it or not, is you.

Response by CPO Private RallyPoint Member made Jul 6 at 2014 8:49 AM

CPO Private RallyPoint Member — Sun, 06 Jul 2014 08:49:28 -0400

Even permanent recruiters transfer. I used VA loan to buy a house at previous NRD & have successfully rented it out for the previous 5 years. I do plan to retire at that location. Basically you must weigh the financial obligation if you move & can't sell or rent it, will you be able to survive financially? Bad debt can effect a security clearance. So in my case yes it was worth it.