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Updated almost 4 years ago on . Most recent reply
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Student Loans and REI
Hello everyone,
My name is Maria. I am 23 years old and recently graduated from college last May. I am VERY new to REI. For now, my goal is to gain as much knowledge as I can so that I can take my first steps in buying a property within a year or two.
My concern is that I have 140k in student loans. My income is 60k+ (could increase if I take overtime), and my credit score is in the 700s. Will my loans hinder my start in REI? My plan is to get a duplex or triplex using FHA and life hack.
Eager to hear any advice!
Thanks,
Maria
Most Popular Reply
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@Maria Bangura- I would speak to a lender and they can give you an idea of what they can swing with your financial situation. Welcome to the REI world!