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Updated over 3 years ago,

User Stats

9
Posts
3
Votes
Robert Farrow Jr
  • CT
3
Votes |
9
Posts

Paying off debts before or after first property

Robert Farrow Jr
  • CT
Posted

Hello everyone, I have been studying and listening to podcasts every night while I work but I haven’t ran into any podcast dealing with debt. Personally I have student loans (About 10k), and my question is, should I pay off my student loans first and then purchase my first investment property? Or should I purchase my investment property and use the cash flow (If any) to help pay down student loans? I have already spoke with a loan officer that said he could work with it, but I would like to hear what the BiggerPockets community has to say. Thanks a bunch!

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