Is it possible to use a Veterans Affairs mortgage to purchase a duplex? What about using a VA mortgage to buy a multifamily home? The answer in both cases is yes, but certain conditions apply. When considering using your VA loan benefit to buy a multi-unit property, remember that your VA lender will require compliance with VA […]
Who Is Kelly Beamsley?
When I transitioned from the Army National Guard to the Navy Reserve Iast year, I was pretty shocked to learn that readiness NCOs would be a thing of the past. You handle a lot of your own administrative and personnel work in the Navy Reserve, and it’s not easy. I remember sitting across from a […]
2023 Military Pay
United States military members will likely see their largest-ever pay increase in 2023 – a 4.6% hike, based on the Bureau of Labor Statistics’ Employment Cost Index (ECI). The White House has not yet released a 2023 defense budget proposal. Actual increases in basic pay may be different, depending on presidential or congressional action. Basic […]
DOD Increases BAH for 56 Areas Through December 2021
The Department of Defense has authorized a temporary increase to Basic Allowance for Housing (BAH) stipends through December 2021. In an announcement Friday night, Sept. 24, DOD said military members at 56 housing areas are eligible to apply for the increase, which takes effect on Oct. 1. “Rental housing market data collected by the Department […]
VA opens eligibility for veteran benefits to service members discharged under ‘Don’t Ask Don’t Tell’
The Department of Veterans Affairs announced Monday that it would open eligibility for all VA benefits to veterans discharged for their sexual orientation, gender identity or HIV status under the “Don’t Ask, Don’t Tell” policy. The Clinton administration enacted the policy on Dec. 21, 1993. It remained in effect for nearly 18 years until its […]
