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
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Account Closed

Account Closed has started 7 posts and replied 31 times.

Post: Paying Off Student Loans or Focus on REI?

Account ClosedPosted
  • Indianapolis, IN
  • Posts 33
  • Votes 14

Some good answers in here, but I am in a similar situation as Eric and am taking the same route very soon.  I plan on house hacking which if you have a bit of cushion in your bank account, is pretty low risk, solid reward. 

Worst case scenario is that I pay for the whole duplex myself (spending the same as I currently do in rent).  Best case scenario, I live mostly, if not entirely rent free while setting aside a portion of the rent I collect for capital expenditures/maintenance etc.  If things go as though they should, it will free up some money to do with as I wish, which in your situation would be to pay down your student loans or potentially invest in more Real Estate.  

Best of luck!