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Updated almost 7 years ago,
22 and almost ready to buy
Hello all!
My name is Nathaniel Mckimson and I’ve been listening, reading and watching everything that I can get my hands on about Realestate for almost a year! I’m looking to do a house hack in the fall and getting my feet wet in this business.
Quick question I’m already leaning one way, but I would love to hear what other members might think about my situation I have a summer job that pays very well which will leave me with a lump sum of cash around 30k. My plan is to use most of this cash for down payment for a multi family building, But I also have student loans that are sitting at 20k and will be at 24k by the end of this fall. What do you all think spend the cash on a building or pay my only debt off first?
Thank you for any response in advance.