Pay Off Student Loans or Invest in Real Estate?

[Brandon Jurczyszyn]

Hello BP!

I am a recent college grad, and have been lucky enough to graduate with a relatively low amount of debt compared to the average grad. I have been actively paying off my debt each month, and at this time, I have about $16K left to pay.

Over the past couple months I have become more and more serious about investing in real estate. I've spent a majority of my free time educating myself about the process by reading books, forum posts, listening to podcasts, etc. So far, I have set my first goal of purchasing a residential MFR property in 2018 in the Metro Detroit market.

My question here is - would you pay off the rest of your student debt before investing in a rental property?

Let me know!