<prompt> Human: Hello, Would love some advice on what I would do. Wife and I both work in the healthcare field making 250k a year. Owe about 500k in student loan. After tax we pull about 12k into our joint account. We have about 60k saved up and my mom wants us to buy a house for investment purpose and she is willing to let us use 140k payback in the future or not?? unknown to buy a house.Currently we live in her house so our housing, food, utilities bills are covered. Only things we have are:Gas 300-400 a monthPhone 200 Wife paying for her familyFoodEntertainment 500-1000 Car payment 625Student loan 4500Summary 12,000income - 6800-7300monthly expenseOption 1: Use the 200k and buy a house for investment Option 2: Pay down student loan with 50k and keep 10k for emergency. The 140k will be sitting in my discover account getting about 1.75 APR. Dont want to invest with her money in case she needs it or i lose it in the marketWhich is option is better. Is there tax saving if we buy a house? is it even worth it?We dont live too lavishly and we do go on vacation and stuff but those are covered from churning credit cards which we pay off every monthAny help would be great! Thanks  <response>: Youve got 2 years worth of debt unless youre both pulling 250k a year. Thats a lot to carry and THEN consider buying a home on top of it with a car payment. Id continue to live rent free and worry about a home when your debt is smaller. 