student loan vs home equity loan
By God's grace I have been able to put together 3 deals for my husband and son the past year - all multifamilies.
Now my son has some cash saved up from his full time job -around 150K . I would like to help him to invest in another property , but he thinks its better he does not do that now because he wants to go back to Grad school in about 6 months and wants to pay all cash. I'd like all you savvy people out there,to give me your take on this -is it better for him financially , to invest in a rental property and then take out a home equity loan for education , plus other student loans , or to just pay for his education cash down? Although I'm not a Warren Buffet, my little brain tells me the first route is savvier . Please send me your thoughts!