I have $25,000 in cash. What should I do?

[David Dumas]

Hello everyone,

I finish my undergrad at San Diego State University this past spring. I’m 14k in debt. I did receive a full ride to graduate school, which is a one year program at UC Merced. 

My end goal is to work at a consulting  firm, while being a landlord on the side.

My original plan was to start working on consulting after grad school. Save up some money and buy a triplex using FHA loan, which I would live in and rent the other two units.

Surprisingly, I did happen to come up on 25000 cash. What should I do? Pay my loans off ? Or invest?

I am  The first of my family to go to college. I feel like I have a good opportunity in my hands and I don’t want to screw it up. 

Any and and all advice is welcome. 

Thank you.

[Nick Rutkowski]

@David Dumas

I’d find 3 other buddies with 25k each. Pool your money and buy a college house. When you guys are all done living there, buy out your buddies. While you’re living in the house, take the money you’ll be saving paying rent and pay your bills. There, you killed two birds with one stone.