Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago on . Most recent reply

User Stats

73
Posts
39
Votes
Donald D Michna
  • Real Estate Agent
  • Milwaukee, WI
39
Votes |
73
Posts

Invest or Pay off school loans

Donald D Michna
  • Real Estate Agent
  • Milwaukee, WI
Posted

Just to give some background. I bought my first investment property this past September, I house-hack the duplex and rent the other space.

I was planning on paying off my school loans by the end of the year. I have been listening to a lot of BP podcast which is getting me interested in purchasing another REI. I would like to pay off my student loans, I also think of the opportunity cost of waiting a year for my next deal.

What does everyone think?

Most Popular Reply

User Stats

674
Posts
444
Votes
Lee S.
  • Northern, CA
444
Votes |
674
Posts
Lee S.
  • Northern, CA
Replied

@Donald D Michna depends on how much your student loans are, what your current income is and what you plan to do with investing.  

I can make an argument both ways and I'm sure you will hear both.  I know being debt free other than real estate sure feels good, this coming from a guy who's student loans combined with wife were 200k at one point (Doctorate for me and a Masters for her).

Loading replies...