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Updated over 1 year ago,

User Stats

3
Posts
1
Votes
Jaleesa Scott
  • Homeowner
  • North Fort Myers Fl
1
Votes |
3
Posts

Recommendations on when to start when you have debt.

Jaleesa Scott
  • Homeowner
  • North Fort Myers Fl
Posted

I recently got a new job that is 86 miles from my current home. I've owned my home for 2 years now and thinking about renting it out and getting a new one closer to work. Including my house i am 700K in debt. I am a veterinarian so i have over 400k in school loans. I'm wondering if its better to stick to my plan to rent this house and move or just sell this house to pay down debt(only at most 50k equity) and then save for a new place to use as my first rental property. I see benefits to both and would love opinions from anyone especially if you started your investor journey with other debt.

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