Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 months ago, 09/25/2024

User Stats

12
Posts
19
Votes
William Johnny
  • New to Real Estate
  • Delaware County, PA
19
Votes |
12
Posts

Pay off debt first or invest first

William Johnny
  • New to Real Estate
  • Delaware County, PA
Posted

I'm 22 and have a 16k balance im tuition that i need to pay. I'm currently paying 250-500 a month because that's what I can afford right now. I want to invest in real estate by using the BRRRR method. The thing is I want to invest in real estate because it could help me pay off the tuition faster but it'll slow down my wealth growth. On the flip side if I focus on paying the tuition off first I may miss a potential opportunity that could jumpstart my investment portfolio but at least I won't have that debt to worry about starting my journey off. I need some advice on which choice makes the most sense starting off?

Loading replies...