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Updated about 8 years ago,
Investing After College
Hi guys,
I'm set to graduate with my masters in the summer of 2018 at the age of 23. I'll owe roughly $10,000 in student loans, but I would like to begin investing ASAP. I go to school and plan on staying in Kansas City, so I figure it would be wise to use my first house as an investment opportunity. With that being said, I plant on house hacking a small, multi-unit of no more than 4 units. (((If everything works out, I would acquire my second property using another FHA loan roughly 14 months later.))) I can realistically save $10,000 by the time I graduate, which would provide me with enough cash for a down payment/cash reserves for houses priced in the $80-120,000 range, according to my calculations. Has anyone been in the same position, and can offer advice as to either:
A) begin investing! or B) Pay off student loans and continue renting! or C) [Insert answer here].
Any comments are appreciated, thanks!