I recently got approved for two loans totaling $48k. I was thinking of using about $30k to pay off my car loan, credit cards, renovate current home (putting up for rent next year) . Then I would use the rest to try and secure my 1st multi family property.

Then the other part of me wants to use the about $40-$45k and dive straight into real estate.

Would love to hear how'd you use this money!