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Updated 4 months ago,

Piper Watson's profile image
Piper Watson's profile image
Piper Watson
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  • Member since Oct 7, 2017
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Piper Watson's profile image
Piper Watson's profile image
Piper Watson
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  • Member since Oct 7, 2017
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Piper Watson
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Personal Finance

20k Inheritance - debt pay down or invest?

Piper Watson
Pro Member
Posted

What would you do in this scenario and why?

If you had 50k in credit card debt for business startup costs (not real estate) with a 3-4-year plan to pay it off, high debt utilization in the meantime and a 620 credit score - but wanted to start investing in rental properties - what would you do with 20k that falls into your lap?

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