Pay Off Loan OR Find Deal First?

[Chris Thomas]

I've read a lot of about how it's a good idea to pay off your current debt before moving forward with your investing career. I've also read a lot about how you need to pull the trigger on your first deal as soon as you can so you can get in the game and stop procrastinating. 

The only debt I have is a 30k auto loan. I'm wondering if its a better idea to try and pay that off first or use the money I'm saving up for what I'm saving it for, and investment property.  My gut tells me it would be better to get that first deal going sooner rather than later. If I wait to pay that load off, it will likely be 2-3 years before I could start saving for my first property.  

Any thoughts? 

Thanks!

[Andre P.]

@Matt Motil has this perfectly answered on the first reply!