I’m currently active duty stationed in NTAG Pittsburgh with my wife and two children. I class up for OCS in APR24. Looking ahead for housing options in Pensacola. Plan is to have my family stay in Pennsylvania while I live in Pensacola for schooling. The problem will be trying to afford two places. Is there unaccompanied housing for prior service members? If not, any recommendations for a cheap method to live down there? I’ve considered getting roommates and renting a place, or taking down a camper. Thanks!
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Unaccompanied Housing In Pensacola?
- Thread starter Hogue28
- Start date
FormerRecruitingGuru
Making Recruiting Great Again
You might be able to find a few posts about geo Baching or living in Pensacola on here
Buy a house down there and rent it out to other aviators going through the pipeline after you?
Daughter got a VA in P-Cola back in Sept for 5.6%, glad she locked in early.
I’m just going to caution you against Geobaching for flight school (assuming you’re an SNA/SNFO candidate). I certainly can understand if your family is settled and you want to move them minimally, but it’s going to be hard and leave isn’t easy to come by as an SNA.
Former instructor here. I would also strongly recommend against geo-bach while you're in flight school. I get the logic on paper - don't make the family move around when your location and timing are uncertain. In reality, being away from your wife and kids for 2+ years is stress and distraction you don't need on top of an already heavy workload.
Flight school is not like a typical Navy school, where you get knocked off at lunchtime on Friday (or earlier) and unless you're on the duty section, no duties or responsibilities until muster on Monday. It's more like a very demanding grad school. You will need to be living in the books, and once you're flight-side, weekends are for cross-countries, or studying if you're not scheduled. Leave is rarely granted for students and usually only for special circumstances (like, mom's hospitalized type special circumstances). Especially since your family won't be within a reasonable drive distance, your chances to see them will be very, very few and far between. You (and the wife and kids) would need to be fully prepared for long-awaited (and paid for) weekend visits being cancelled at the last minute because StuCon needs you to catch up on X's.
Some students do make it work, and obviously a lot depends on the people in question. I've known way, way more that regretted it than were glad they did it.
Flight school is not like a typical Navy school, where you get knocked off at lunchtime on Friday (or earlier) and unless you're on the duty section, no duties or responsibilities until muster on Monday. It's more like a very demanding grad school. You will need to be living in the books, and once you're flight-side, weekends are for cross-countries, or studying if you're not scheduled. Leave is rarely granted for students and usually only for special circumstances (like, mom's hospitalized type special circumstances). Especially since your family won't be within a reasonable drive distance, your chances to see them will be very, very few and far between. You (and the wife and kids) would need to be fully prepared for long-awaited (and paid for) weekend visits being cancelled at the last minute because StuCon needs you to catch up on X's.
Some students do make it work, and obviously a lot depends on the people in question. I've known way, way more that regretted it than were glad they did it.
taxexperts31582
Member
Your assumption is that rates are going to go down and prices will stay the same so there will be a future point where your total monthly outlay will be less? Usually, what happens is that as rates come down prices climb. If you can live with a high monthly payment for a period of time, you may want to buy when rates are up and prices are low, so that you can refinance in the future and get a lower monthly payment while still maximizing home value.
My assumption is that an Ensign with a family plus the expenses of maintaining a second household won't be able to afford much of a house when the cost of borrowing money is so high.
Interest rates are high, and the rental market is perpetually saturated in and around Pensacola. Buying a house during flight school with the intent of renting it out after you wing, is not good headwork right now.