Skip to content
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

User Stats

10
Posts
4
Votes
Trix Contreras
  • Investor
  • Williamstown, NJ
4
Votes |
10
Posts

Soon to be debt free, now what?

Trix Contreras
  • Investor
  • Williamstown, NJ
Posted Apr 12 2021, 12:50

Hi Everyone,

I have about 37k in both subsidized and unsubsidized student loans, and I'm close to 36k on my total investments
I've decided to pay out all of my student loans by the end of the summer so that I could be free of financial debt, with the cost of using up my nest egg that I've been working and saving up for an entire year. I originally wanted to use my savings on buying a property to BRRRR, but after numerous long discussions, I've decided that it might be better to get rid of my student loans while the forbearance is still going on.

But now I'm kind of lost, how am i gonna start trying to BRRRR now? I really wanted to start some time around 2022 (somewhere in Philadelphia/South Jersey), but I wont have as much savings anymore.

If you guys have any advice I'd really appreciate it.

Loading replies...