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Updated over 4 years ago on . Most recent reply

User Stats

6
Posts
1
Votes
Tyler Darby
  • Rental Property Investor
  • Lumberton, TX
1
Votes |
6
Posts

Help me with a plan!

Tyler Darby
  • Rental Property Investor
  • Lumberton, TX
Posted

I need some guidance to start my dream of being financially free. Here are all my debts, savings, etc.

Debt: truck note -10k

Mortgage - 160k with 20k in equity

Student loans - 40k

Savings:

10k cash

Should I pay off al debt first? Should I get another mortgage on a good deal and rent out the property?

I make about 115k a year at my place of employment and can save quickly if needed.

Thanks in Advance!

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