2x Down on Student Loans or stock cash for down payment

[Nicholas D'Andrea]

Hi BP Community

I wanted to run this situation by the blog and hear everyone's perspective. 

I have around 38K left of undergrad/grad school student debt. I am an employed accountant in the Philadelphia area. Government Student loans are suspended until October (link below). There are pros still paying my minimum (which I pay 2x) before the loan payments were cut (i.e. lower my debt to income ratio). My plan is to purchase a home to house-hack by the end of 2020. 

Side notes - I have ~$20K already on the sidelines.

Love to hear heads, tails and the side of the coin.

Nick

Student Loans

[Joe Villeneuve]

Invest in RE.  Let the cash flow make your STudent Loan payments.  When the SL is paid off, the CF can payoff something else.  If you spend the money paying off the dent, that money is gone...never to be seen again.  If you invest it and let the cash flow from that investment pay off the debt, you can reuse that "seed money" to infinity.

Never, under any circumstances, ever, spend your "seed money".