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Updated over 4 years ago on . Most recent reply

Debi Love-Ballard's profile image
Debi Love-Ballard's profile image
Debi Love-Ballard
  • Rental Property Investor
  • from Santee, SC
  • Member since Nov 29, 2019
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Debi Love-Ballard's profile image
Debi Love-Ballard's profile image
Debi Love-Ballard
  • Rental Property Investor
  • from Santee, SC
  • Member since Nov 29, 2019
Connect
Debi Love-Ballard
  • Rental Property Investor
  • Santee, SC
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Starting Out

Payoff Student Loan Debt or Use Money for RE Flip?

Debi Love-Ballard
  • Rental Property Investor
  • Santee, SC
Posted

Hi All! I have approximately 43,000 left to pay on my student loans and have been paying on these for years. I have negotiated with the company and they will accept a 15% discount if I pay off the balance now. I have around 35,000 saved and am looking to begin property investing and purchase a house to flip. What advice for a newbie to pay off the debt or continue with the payments and go for the flip. This also is my last debt. Thanks in advance for your comments/suggestions!

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