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Updated about 9 years ago,

Andrew Abbott's profile image
Andrew Abbott's profile image
Andrew Abbott
  • Flipper/Rehabber
  • from Milford, MI
  • Member since Nov 25, 2015
Connect

User Stats

23
Posts
2
Votes
Andrew Abbott's profile image
Andrew Abbott's profile image
Andrew Abbott
  • Flipper/Rehabber
  • from Milford, MI
  • Member since Nov 25, 2015
Connect
Andrew Abbott
  • Flipper/Rehabber
  • Milford, MI
2
Votes |
23
Posts
Starting Out

Pay off Student Loans or Start Investing

Andrew Abbott
  • Flipper/Rehabber
  • Milford, MI
Posted

Hello Everyone,

First post on BP... super excited!

My Question - Should I continue aggressively paying off student loans or start saving for downpayment?

My Situation - 23 years old... roughly $10k remaining in student loans... otherwise no debt... virtually no savings (all disposable income going toward loan payments)... lease ends in April 2016 at which point I will either continue renting for 1 year or purchase a multi-family property using FHA loan (pre-qualified) and occupy one unit while renting the other.

Thoughts?  Feedback?  I've received mixed responses from friends and family... Looking for some professional opinions.

Thank you in advance!

-Andrew Abbott

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