Should I lower my debt before investing?

[Michael Turner]

I currently owe $92k in student loans. Payment is $48/month. Loan is forgiven 100% in 10 years.

I net 34k/year. $2000 savings. Credit score 683.

I want to invest in single family homes.

1. Should I pay down my debt before investing?

2. Is BRRR the best strategy for my situation?

[Frank Jiang]

First off, make sure you are absolutely certain about your eligibility for Public Service Loan Forgiveness. I've heard horror stories about people being told that part of their loan didn't actually qualify for loan forgiveness. This is worth your attention far more than SFH at the moment.

After you are rock solid sure that you will be able to get the loan forgiveness, I would recommend not paying down the debt and investing immediately. BRRR is likely a poor strategy for you, as the Refinance R may be difficult for you with the large loan balance. You may be able to find a bank willing to only measure the payment amount as opposed to the balance but I'm not certain.