Pay off student loans or buy rentals?

[Coby Federowski]

I have just under $20,000 in student loans. I just started my first job in Ohio with an annual salary of around $35,000. I really want to start realstate investing but I feel like the student loan debt is hanging over my head. Should I pay that off before I start investing?

[Remington Lyman]

Originally posted by @Coby Federowski:

I have just under $20,000 in student loans. I just started my first job in Ohio with an annual salary of around $35,000. I really want to start realstate investing but I feel like the student loan debt is hanging over my head. Should I pay that off before I start investing?

 The first thing you should do is chat with a lender here in Ohio. @Chris Wharton is one of the better lenders in Ohio. They will be about to tell you what your purchasing power is. You would be surprised on what you can afford. I know a group of truck drivers for Amazon that have just been purchasing $100,000 single-family homes in Columbus, Ohio and house hacking them. They now have more equity than most people in the state and do not have a high paying job. They are all still in their 20s and will be about to retire pretty soon.