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Updated over 14 years ago,

User Stats

6
Posts
1
Votes
Craig Mitchell
  • Chicago, IL
1
Votes |
6
Posts

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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