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Updated over 9 years ago on . Most recent reply

User Stats

249
Posts
73
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Rod Desinord
  • Real Estate Agent
  • Pompano Beach, FL
73
Votes |
249
Posts

Student loans to buy home? is that even legal

Rod Desinord
  • Real Estate Agent
  • Pompano Beach, FL
Posted

I read somewhere where someone used student loan money to buy a property. They were still going to school but they just took a significant chunk of their money to purchase and rent a property out

Most Popular Reply

User Stats

149
Posts
52
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Mike Baker
  • Contractor
  • Blackfoot, ID
52
Votes |
149
Posts
Mike Baker
  • Contractor
  • Blackfoot, ID
Replied

You also notice that students don't typically have to account for the expenditures related to that money either.

So I don't think (if there's no accountability) that's it's a big deal if students use it to invest.

Better property then alcohol.

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