Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Eliminate debt or focus on saving capital?
Overthinking about overthinking. Newbie here and planning on learning, reading, practice analyzing and just getting myself as educated as I can before I make any first moves. But my questions is regarding priorities. I have a small-ish amount of consumer debt ($10,000) and not nearly enough capital saved. So do you think it's smarter to focus on getting rid of the debt first and THEN save (might take 1-2 yrs) or focus on saving capital first to get started sooner?