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Updated about 6 years ago,
Pay off student loans vs save for rental property
Hello,
I need some financial advice. I'm deciding between paying off my student loans or saving for a rental property.
My current house is paid off and I have no mortgage.
I have $350K in Equity in my house.
Here are details about my student loans.
Loan 1) $2,800 @ 3.61%
Loan 2) $6,200 @ 3.15%
I don't have 20% yet for a rental property, but I'm deciding if I should pay off the student loans.. or at least loan 1 for now? and then save for the rental property. What do you think?
Thanks,
Zariyan