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Updated over 7 years ago on . Most recent reply

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20
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Forrest Holt
  • Houston, TX
8
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20
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Existing College Debt

Forrest Holt
  • Houston, TX
Posted

I’ve Been very fortunate this past year and landed a job that allows me to live a more comfortable life financially than I’m used to. I have a family situation that will allow  for a live and flip and ultimately allow for 3 different rental properties (I’m going to expand on this in a different thread). 

I’ve acquired about 60k worth of Government subsidized loans while in college. My family lives below our means but I don’t make so much that I could just pay off these loans in 3-5 years. I’m wondering if these should be paid off before I begin investing or just keep paying them over time?  I understand the obvious benefits of being debt free but are their any advantages?

Sorry about the formatting currently on mobile.

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Investing in real estate is not a method or path to get out of debt.

You need to be disciplined to be a investor. To do so you must concentrate first on eliminating all bad debt. Student loans should be cleared before saving to invest.

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