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Updated over 5 years ago,

User Stats

13
Posts
2
Votes
Wyatt Polk
Pro Member
  • Investor
  • South Jersey
2
Votes |
13
Posts

Pay back Student Loans or Save for First Rental Property ?

Wyatt Polk
Pro Member
  • Investor
  • South Jersey
Posted

Good morning Bigger Pockets Family,

So I currently have $55,000 in student loans averaged out at about a 6% interest rate. I have been paying about $1000 a month to try and get this down fast, while still saving any leftover money for my first down payment for a multifamily my fiance and I want to house hack. I am wondering if there is anyone who could shed light on there experiences with paying loans vs. What is the best strategy you've found success with?  Any advice is  welcome! Thank you all. I can provide more info in needed. 

Thank you yo all! 

  • Wyatt Polk
  • Loading replies...