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Updated about 5 years ago,

User Stats

7
Posts
1
Votes
JP Desmet
  • Flipper/Rehabber
  • San Antonio, TX
1
Votes |
7
Posts

Pay off student loans before purchasing a rental property?

JP Desmet
  • Flipper/Rehabber
  • San Antonio, TX
Posted

Hello all,

I am in my final semester of college and have received my first full-time job offer, which will be part-time during my final semester before transitioning to full-time upon graduation. I was planning on taking the money that I will be making during this time period to pay off the 17k of loans that I have and then saving up for a down payment on a multi-family investment property for later in 2020. Looking for suggestions on if I should look to purchasing a property and then paying off loans or sticking with my original plan. Also, any advice on the best way to look for and purchase the investment property would be appreciated. I have listened to approximately 100 BP Podcasts and read 4 BP books on Real Estate investing so I believe that I have enough knowledge to begin my real estate investing journey and am excited to get started! 

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