Have $40k and ready to start investing

[Zack Ellard]

Hey guys. My wife and I are about to sell the house I owned before we got married (we currently live in hers) and we will have about $40K to work with to begin our investing career. We do have about $14K credit card debt, $17K student loan debt, and about $17K car debt. What would be the best option in your opinion to get into the game? -We have a healthy income of about 95K a year. -Our credit scores are just above 620 however we have almost 99% utilization on them so using some of the money to pay them down should increase our credit scores significantly. -Primarily interested in buy and hold real estate but would entertain other methods if it would an obvious better option just beginning -We live in the Tulsa, Oklahoma area. Any and all comments are appreciated.