Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago on . Most recent reply
New job, trying to buy rentals
Hello,
I am going to be starting a new job soon with a salary of 50k. I have around 18k in student loan debt. I have around 8k in savings and a credit score of 670.
I am trying to start acquiring cash flowing rental properties. I live about an hour south of Pittsburgh, so real estate here is pretty cheap compared to other places.
I would like your guys opinions on if I should be trying to pay off my student loans first before trying to invest. Thanks in advance
Most Popular Reply

I'd recommend investing as you continue to pay off your debt, don't wait to invest! You can use the cash flow from your future rental to pay off the student loan.
Adam