Starting out with student loans

[Dylan Grieve]

Hi Guys,

I graduated college last year, and am planning to invest in real estate, but the issue right now is a negative net worth due to student loans.

Is it even possible to start out this way, or recommended to pay the loans down first?

Any thoughts are greatly appreciated.

[Wade Sikkink]

@Dylan Grieve I would guess that your financial situation won't necessarily preclude you from buying a home for yourself. There are many programs that let you buy a primary residence with little to no money down if you have verifiable income. So what you do is buy a duplex and live in one side and rent out the other. After a couple of years, you buy another duplex, move into it (primary residence) and rent out the vacant side you just moved out of. Rinse and repeat. I think this is a great way for a young person to get into real estate (or any person for that matter!)