Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Off Topic
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago, 06/18/2014

User Stats

52
Posts
2
Votes
Mike Rubin
  • Real Estate Investor
  • Avon, CT
2
Votes |
52
Posts

Living in a trailer to pay off student loans

Mike Rubin
  • Real Estate Investor
  • Avon, CT
Posted

Hello All -

I am at a crossroads and wanted to get your opinions…

My situation: I graduated 3 years ago with $65,000 in student loan debt and have since narrowed that down to $35,000. I'm sick and tired of paying student loans / living in debt. Never again will I take out a loan.

In order to pay off these loans the quickest, I've contemplated swallowing my pride, accepting the ridicule, and buying / renting a trailer so my monthly living expenses are minimal. Thusly, reducing my student loan debt very quickly.

For anyone who is experienced with trailers, would it make more sense for me to just buy one outright or rent one?

Any information is helpful.

Thanks!

Loading replies...