Pay off student loans, or use the money to start investing?

[Kenneth Swartz]

Hello everyone - My wife and I are looking to get started in RE investing by flipping a house. We have sizable student loan debt, but we have good jobs and income. As such, we are in a position for 2018 where we should be able to save up enough money to pay off our student loans by the end of the year. However, the amount that will cost would probably cover at least a down payment plus rehab costs on an investment property, and potentially the entire purchase price plus rehab costs if we found a good enough deal. So my question is: do we use that chunk of money we save to pay off our student loans? Or do we just accept that student loans are a fact of life right now and use that chunk of money to get started investing in real estate? Thanks all.

[Eric James]

For me it comes down to which interest rate would be higher: the rate you are paying on the debt or the rate of return you could get if you invested the money.