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Updated over 15 years ago on . Most recent reply

Craig Mitchell's profile image
Craig Mitchell's profile image
Craig Mitchell
  • from Chicago, Illinois
  • Member since Sep 30, 2010

User Stats

6
Posts
1
Votes
Craig Mitchell's profile image
Craig Mitchell's profile image
Craig Mitchell
  • from Chicago, Illinois
  • Member since Sep 30, 2010
Craig Mitchell
  • Chicago, IL
1
Votes |
6
Posts
Starting Out

Mortgage/Student Loan Q

Craig Mitchell
  • Chicago, IL
Posted

After looking around the internet for information about real estate investing I finally stumbled across this site, and I have been very happy with what I've found here.

However, I have a question that I haven't seen answered.

Some background: I recently graduated and bought a condo with 5% down at 5.25% interest. I also have student loans, some at 7% others at 3%.

My question is, if I'm looking into buy rental properties as soon as possible, is it better to save my extra money, or pay off either my school loans or mortgage?

Thanks in advance.

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