All Forum Posts by: Travis Walker

My wife and I are looking to buy a home in Richardson, TX next Jan/Feb 2022. Preferably west side of 75. Interested in lease purchase or property with 5-10% down. Student loans have prevented us from saving up to 20%. Budget is $250k. Looking for 3/2 with two car garage. I’d like to get the conversation going early to begin the search. The hope is to live there 3 years then buy another home and lease out the first.

I have a full time job in the commercial construction industry. I’m looking to purchase a a single family rental property. I also have $80k in student loan debt that I’m aggressively paying down. I have very little left over each month. My question to you guys is should I wait until I’m debt free to take out a loan or take out the loan now to buy a property? Your advice is appreciated. Thanks