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Updated over 2 years ago,

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3
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0
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Sharon Ramirez
  • Los Angeles
0
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3
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Recent graduate, okay to invest and use profit to pay down loans?

Sharon Ramirez
  • Los Angeles
Posted

Hi everyone, I am a recent graduate, 25-years old, and looking to get started on my real estate journey while taking action to pay down student loans as quickly as possible. Would it be a good strategy to invest in say a single-family home, and use the profits from that first investment to pay down student loans? I have begun paying student loans using money from my paycheck and feel that this is not a good use of my money nor helpful towards financial freedom. 

Or would it be best to start looking into other, small creative outlets to help me generate extra income that I could put towards paying down student loans, and then eventually jump into my first real estate investment?

Thank you all so much for your time and help in advance! 

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