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Updated over 7 years ago on .

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10
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Stephen Marcil
  • Portland, ME
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10
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Investing with Student Loans

Stephen Marcil
  • Portland, ME
Posted

Hello. I would appreciate feedback regarding the viability of obtaining a VA loan for a secondary rental property and if approved, would this second loan make it difficult for me to buy another primary residence if I should move in the next few years? I have ~$150k in student loans and a credit score > 760. I have about 4 years left until all of my loans are forgiven and I currently make about $90k annually. I have a HFA loan for my primary residence and would be obtaining a rental property with my father and his VA loan. Currently my monthly student loan payments are $183.00. Do you think my student loans would hinder my ability to obtain another mortgage if bought jointly with someone who has a credit score >800 and no debt? Thank you.