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Updated over 3 years ago,

Joas Espinoza's profile image
Joas Espinoza's profile image
Joas Espinoza
  • New to Real Estate
  • from Los Angeles CA 90018, USA
  • Member since Feb 8, 2021
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User Stats

17
Posts
9
Votes
Joas Espinoza's profile image
Joas Espinoza's profile image
Joas Espinoza
  • New to Real Estate
  • from Los Angeles CA 90018, USA
  • Member since Feb 8, 2021
Connect
Joas Espinoza
  • New to Real Estate
  • Los Angeles CA 90018, USA
9
Votes |
17
Posts
Starting Out

Debt and Income: What to do

Joas Espinoza
  • New to Real Estate
  • Los Angeles CA 90018, USA
Posted

So I’ve got about 16-20k in savings that I would like to use for a down payment on a property. But I also have some student loans (~38k) and a car loan (~19k). Should I pay off my debt before considering getting into a property? Or should I hold off on paying the debt and use the cash to get into a property? Any tips/advice is appreciated.

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