Updated over 8 years ago on .
Trust Fund Access for REI
Upon the death of a relative, a trust was established in my name. In 2 years I will gain control of 50% of the trust and gain control of the remainder 5 years after that.
In 2 years 50% will likely be worth between $225k-$250k. At that time, my debt will consist of $55k in student loans and $85k remaining on my mortgage (4.1% rate). My emergency fund will likely be $4k-$5k. My gross household income is currently around $65k/year. I get the full match on my 401k and contribute to a Roth IRA, although not the maximum amount yet.
I am considering using the money to start investing in real estate. While I do not claim to be an expert on the subject, I was thinking I could spend the next 2 years educating myself on some or all of these topics, so I can be ready to put my money to work when the time comes.
Thoughts? Suggestions? Thanks in advance.