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Updated over 3 years ago,
Paying off debt vs. investing in real estate
Hey everyone,
I am wondering if it makes more sense to pay off existing debt first such as student loans credit card and car debt, or to save up instead to put a down payment on a rental property to bring in passive income.
If I was to go to pay off the debt first it would probably take around a year and a half to two years to do so.
I didn’t know if anyone has had experience already with going about either one of these routes that could give some insight into what is better.
Thanks!