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Updated almost 8 years ago on . Most recent reply

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Julian Joseph
  • Clermont, FL
30
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74
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Buying a House While being in Debt!!

Julian Joseph
  • Clermont, FL
Posted
Quick question all! After being so motivated I’m going to begin reading the necessary books and network best I can in the next couple months. Giving myself until maybe the Fall or Spring of next year to begin!! Want to play by ear. HOWEVER. I have a $100,000 in student debt. Now I know investing can begin with little to no money. And I know it is probably SMARTER to wait until I have my debt all the way down. But play Devils advocate with me a bit and tell me if there’s a smart way I can still play this investing game without being so caught up on my own student debt! I’m thinking BRRRR or House Hacking to begin, or Multi family. But are any of these still a good play with having an existing debt? Thanks :)

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Investing can begin with little to no money but is rarely successful. It takes money to make money.

Clear you debt before you start GAMBLING on investing money you do not have.

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