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Updated almost 4 years ago on . Most recent reply

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Investing After College Graduation

Janine Justusson
Posted

Hi, my name is Janine. I have started learning about investing in real estate and I'm excited to meet new people through biggerpockets. I graduate college in a year and then plan to live in Dallas, Texas, which is where I grew up. I plan to buy a duplex/ triplex and live in one side of it. My question is: should I use my future income for a down payment right way or should I pay off my student loans first?

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Stephen Brown
  • Real Estate Broker
  • Huntsville, AL
872
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Stephen Brown
  • Real Estate Broker
  • Huntsville, AL
Replied

Many people would say to use the income from your duplex to pay down your student loans given how cheap you can borrow money nowadays. However, this is a question that depends on many factors: how much do you owe, how comfortable are you with debt, etc. etc.

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