I am stashing up cash (pre tax) for my first deal but now i am having a second thought and wondering if I should :1) pay the tax and use the remainder towards my student loan2) move the cash into my self directed  retirement account and  fund my 1st deal out of it (to defer  and lower my tax liability)3) take the tax hit now and use the remainder to fund my 1st dealThanks in advance.

They have been working on my Student Housing property in FV. 

Hi Devon, I'm a buy and hold investor within with student market in Fredericton.

It is also a college town, and I know a lot of students there.

I also married into $130k in debt (mostly student loans) & had unforeseen medical problems for both my wife & I last year as well as some other things I can’t control like $20k of grad school tuition.And mother in law has $150k in grad school loans she never finished that she wants forgiven by Bernie so yes I’ll listen to Rich Dad not her & your joke is not funny!

Property is also very close to a smaller university so looking into student housing as well.

Being that I have never taken any loan, except student, wouldn’t banks be more reluctant To loan to me?

Another reason I was thinking to pay off the remaining mortgage balance was to use all of the rental income to pay off my wife's student loans...

-Estimated home value: $1.7mil-Current credit scores around:Experian FICO Score 8 = 760; FICO Score 2 = 785TransUnion FICO Score 8 = 735; FICO Score 4 = 770Equifax FICO Score 8 = 755; FICO Score 5 = 735-$25k outstanding credit card debt, $700 min monthly payment-$400k in student loan, ~$1200 monthly payment on income based repayment plan-W2 income ~$180k, which is base + annual bonus.Since we invested heavily in the property over the past few years, have paper losses, total income around 2018 137k, 2017 100k-Rental Income:Airbnb income was around 70k in 2018 with significant down time for remodeling.

You might end up with the same person who's doing it now, or possibly trying to convince somebody to come over from Moberly, or up from their lucrative student rentals in Columbia.