Taking out student loans to acquire property

[Daniel Chih]

Hello all Biggerpockets investors, I have been educating myself in real estate investment and would love to start putting in some actions. I'm finishing up my bachelor's in accounting and going for an one-year master degree starting in August this year. I'm in Miami FL right now but will be moving to Columbus Ohio in August for graduate school. I thought why not to buy a property in Columbus to do house hack instead of renting an apartment from someone else. One thing that concerns me the most about this is that I don't have a whole lot of capital right now but I still can take out student loans to fund my first deal. I would love to get y'alls input on this. Is it a good idea to take out student loans to fund my first house hack?

[Dave E.]

@Daniel Chih

Better to be patient and do it correctly and be an investor for a long time, than to be impatient and have your first deal be a killer that ends your journey before it really gets momentum.