Pay off student loan debt forst or invest in real estate?

[Nick Blais]

So Recently i have been analyzing deals, And plan on doing my first buy and hold property. I have found a 3 family home that i plan on using an FHA loan for. I also have about 40k in student loans from graduating last year and i currently make about 80-100k a year. The specific house that i am looking at consists of two-two bedroom units as well as a one bedroom unit. The bank owns this property and has it listed for $160,000. Should I try to pay off my debt before i buy my first deal or should i continue minimum payments and save for the FHA downpayment on my first property. I plan on putting a lot of sweat equity into my first deal while using the BRRRR method.

Thanks

[Frank Patalano]

Originally posted by @Nick Blais:

So Recently i have been analyzing deals, And plan on doing my first buy and hold property. I have found a 3 family home that i plan on using an FHA loan for. I also have about 40k in student loans from graduating last year and i currently make about 80-100k a year. The specific house that i am looking at consists of two-two bedroom units as well as a one bedroom unit. The bank owns this property and has it listed for $160,000. Should I try to pay off my debt before i buy my first deal or should i continue minimum payments and save for the FHA downpayment on my first property. I plan on putting a lot of sweat equity into my first deal while using the BRRRR method.

Thanks

 I've seen both sides. My partner Jimmy had $70k in student loans when he bought his first multi. The house hack allowed him to pay off his student loans quicker.